1996 320sl for sale NY - Page 2 - PeachParts Mercedes-Benz Forum

TylerH860 · #16 04-08-2011, 04:04 PM

Quote:

Originally Posted by tbomachines

Edmunds is usually more accurate than the other sources - KBB and NADA are very high typically. I was just trying to give friendly advice to OP that his price is quite strong in a struggling R129 market. I hope he gets what he is asking but it may take a while. All you need is a motivated buyer.

...and you know this based on how may cars you've bought and sold?

People who take any price guide rub as bible rub me the wrong way in a BIG way. You cannot predict what an older car is going to go for consistently based on any of them.

For example, my recently sold 1995 E300 is listed retail at Edmunds for $3400. People were lining up for it at $6500. If the buyer had fallen through 2-3 people would have gladly taken his place.

Skid Row Joe · #17 04-08-2011, 05:16 PM

Quote:

Originally Posted by TylerH860

...and you know this based on how may cars you've bought and sold?

People who take any price guide rub as bible rub me the wrong way in a BIG way. You cannot predict what an older car is going to go for consistently based on any of them.

For example, my recently sold 1995 E300 is listed retail at Edmunds for $3400. People were lining up for it at $6500. If the buyer had fallen through 2-3 people would have gladly taken his place.

Exactly, Tyler! That is the exact MB model my example was referring to!

One of my indys is trying to (unsuccessfully I might add) get me to agree to selling my '99 E300TD to him at his price. He asked me how much I was selling it for, and I answered him; "$500.00 off retail."

The OP has a beautiful, 55K low-miles SL that should bring some good coin. I do not believe he will have to give it away any more than I will give my MB diesel away.

tbomachines · #18 04-08-2011, 07:35 PM

Quote:

Originally Posted by TylerH860

...and you know this based on how may cars you've bought and sold?

People who take any price guide rub as bible rub me the wrong way in a BIG way. You cannot predict what an older car is going to go for consistently based on any of them.

For example, my recently sold 1995 E300 is listed retail at Edmunds for $3400. People were lining up for it at $6500. If the buyer had fallen through 2-3 people would have gladly taken his place.

Selling 3 cars and buying 2 within the past year and a half, for example.

Nobody's taking a price guide as bible here. I am simply stating that the market for these cars has dropped along with the economy and $14k is very strong money. The car is gorgeous and probably capable of coming close with patience and persistence, obviously condition means more than any book. OP used KBB as baseline, I was saying there are other guides out there with other information. KBB seems close to dealer prices, private party is usually lower.

TylerH860 · #19 04-08-2011, 07:56 PM

That is not what you said. You weren't telling him there's other price guides, you were point blank telling him, needlessly, that his car was overpriced. He's open to offers. I disagree with that type of selling strategy but its my own personal opinion.

How many of those cars were 1996 SL320s for you to post with such authority? He listed KBB retail as a starting point. There's no reliable way to get a good price guide on a 15+ years old. If you're not in a hurry why not sit and wait for as much money as you can?

I keep my price commentary tight lipped now unless I think its double/triple ridiculous. Even then I rarely comment anymore.

You wouldn't believe how much time I spend defending my asking price with some "expert" who spent 5 minutes on KBB/NADA/Edmunds only to sell to the next person who calls.

tbomachines · #20 04-08-2011, 08:07 PM

Quote:

Originally Posted by TylerH860

That is not what you said. You weren't telling him there's other price guides, you were point blank telling him, needlessly, that his car was overpriced. He's open to offers. I disagree with that type of selling strategy but its my own personal opinion.

How many of those cars were 1996 SL320s for you to post with such authority? He listed KBB retail as a starting point. There's no reliable way to get a good price guide on a 15+ years old. If you're not in a hurry why not sit and wait for as much money as you can?

I keep my price commentary tight lipped now unless I think its double/triple ridiculous. Even then I rarely comment anymore.

You wouldn't believe how much time I spend defending my asking price with some "expert" who spent 5 minutes on KBB/NADA/Edmunds only to sell to the next person who calls.

Fair enough, I apologize to the OP for being overly blunt - its not what I intended with my statement. I hope he is able to get the money he is asking for it despite the market still recovering. All it needs is one motivated buyer.

Skid Row Joe · #21 04-09-2011, 04:48 PM

I don't defend my asking price anymore - I instead suggest they buy one that is the price they want to pay. I'm not into giving my cars away any more than I would give real estate away. If my price hurts so much - go elsewhere is my mantra. Were they actually able to pay for the car, they'd have the cash, instead of trying to get my car to meet their short funding. Were I to look at the SL with 55K miles on it, I'd probably buy it. I have a weakness for low miles MBs.

Quote:

Originally Posted by TylerH860

That is not what you said. You weren't telling him there's other price guides, you were point blank telling him, needlessly, that his car was overpriced. He's open to offers. I disagree with that type of selling strategy but its my own personal opinion.

How many of those cars were 1996 SL320s for you to post with such authority? He listed KBB retail as a starting point. There's no reliable way to get a good price guide on a 15+ years old. If you're not in a hurry why not sit and wait for as much money as you can?

I keep my price commentary tight lipped now unless I think its double/triple ridiculous. Even then I rarely comment anymore.

You wouldn't believe how much time I spend defending my asking price with some "expert" who spent 5 minutes on KBB/NADA/Edmunds only to sell to the next person who calls.