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  #1  
Old 02-15-2013, 07:43 AM
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testing the water for 560SL

I am on the market for a mid tolate 80's 560 SL, I am wondering what kind of prices are out there for one in decent shpae and low miles.

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Old 02-15-2013, 10:10 AM
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107s are fairly common. I see them offered under $10K and up depending on condition and miles. They are extremely well built so high miles on a well cared for car would not deter me. Having a hard top is a plus around $1K or so.
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Old 02-15-2013, 05:02 PM
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Quote:
Originally Posted by WMO Madness View Post
I am on the market for a mid tolate 80's 560 SL, I am wondering what kind of prices are out there for one in decent shpae and low miles.
The 560SL was made only 4 years, 1986-1989. Arguably the best of the 107 line, with a tad more refinement and power than earlier years (except for the grey-market cars)...

Decent, well-sorted 560's are North of $10K US, but occasionally a good one appears under that value. Expect North of $15K for a "turn-Key" model that has had all necessary repairs and sub-100K miles.
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Old 02-16-2013, 06:46 PM
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Quote:
Originally Posted by WMO Madness View Post
I am on the market for a mid tolate 80's 560 SL, I am wondering what kind of prices are out there for one in decent shpae and low miles.
$10K
or less, should get you in what you described, IMO.
Personally, it would have to be an unusual example for me to give over $8K for one. YVMV.

Last edited by Skid Row Joe; 02-16-2013 at 07:03 PM.
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  #5  
Old 02-17-2013, 06:33 AM
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What do you mean by decent and low mileage?

Here's the high end. Sold my 1989 560 SL with 25,000 miles, all original except for tires and fluids, I mean original as when it left the factory. Hoses, belts and even the spare was never out of the trunk all inspection marks intact. The car was Cabernet over Grey. Now this car didn't have a paint chip or a door ding, it looked like it just left the factory. I couldn't bring myself to drive it and make it imperfect so I sold it......for $46,000 in April 2012. Wish I had kept it,but I don't have the space to store it.

My advise is to buy the best car you can afford with service records. These cars are solid and don't have major problems. Front sub frame bushings tend to go and with the M117 motor you need to change the timing chain, gears, tensioner and rails at 100,000 miles.

One thing everyone should do with these motors is to disconnect the coil and turn the engine over until you see oil pressure before starting when the car has not been run or when changing oil. The timing chains are so long that when the tensioner leaks down and you just start the car it whips like crazy and can snap or break the rails, Big Money when that happens.
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Old 02-17-2013, 12:11 PM
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Quote:
Originally Posted by 1991 560 SEC View Post
...One thing everyone should do with these motors is to disconnect the coil and turn the engine over until you see oil pressure before starting when the car has not been run or when changing oil. The timing chains are so long that when the tensioner leaks down and you just start the car it whips like crazy and can snap or break the rails, Big Money when that happens.
This is pure horse****! It inflames me to see this recommendation with regards to an EZL-equipped 560SL (or any EZL-equipped engine). Disconnecting the coil and turning over the engine with the ignition is a perfect way to kill the electronic ignition system. DON'T DO IT! there is a safe and approved way to perform this task, and it is outlined in the FSM. It requires one to disconnect the crank position sensor...

If I seem harsh, I apologize, but more than one owner (and stories can be found searching here and other fora) has cost himself hundreds of dollars performing this wrongly. As prices for the EZL has come down a bit, expect over a grand US for new, and sub-$200 for used if replacement is needed.

Otherwise, a leaking tensioner is something that needs addressing, and precautions with cars that have sit for a while are worthy of consideration.
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Old 02-17-2013, 01:04 PM
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Originally Posted by 1991 560 SEC View Post
What do you mean by decent and low mileage?

Here's the high end. Sold my 1989 560 SL with 25,000 miles, all original except for tires and fluids, I mean original as when it left the factory. Hoses, belts and even the spare was never out of the trunk all inspection marks intact. The car was Cabernet over Grey. Now this car didn't have a paint chip or a door ding, it looked like it just left the factory. I couldn't bring myself to drive it and make it imperfect so I sold it......for $46,000 in April 2012. Wish I had kept it,but I don't have the space to store it.

My advise is to buy the best car you can afford with service records. These cars are solid and don't have major problems. Front sub frame bushings tend to go and with the M117 motor you need to change the timing chain, gears, tensioner and rails at 100,000 miles.

One thing everyone should do with these motors is to disconnect the coil and turn the engine over until you see oil pressure before starting when the car has not been run or when changing oil. The timing chains are so long that when the tensioner leaks down and you just start the car it whips like crazy and can snap or break the rails, Big Money when that happens.
That sounds like a really nice car. Seven or so years ago, I ran across a one-owner 1988 560SL, white in exterior color for sale in my local MBUSA Club news. There was an awful black and white picture of it, with 22K miles on it for $19K. I visited with the seller on the phone, it was Granny's SL, with one scratch on the left rear fender, and he asked if I thought the price was too high. I told him that w/o seeing the car, and with those miles, it was worth the number he was asking. I was calling to see if it was available, but wanted to think about it. Unfortunately, as often times happens to me, I didn't go look at it, and by the time I decided I wanted to buy it, (a few weeks later) it was gone. I kind of regret not going to look at it. Condition and miles are to me what sets cars apart from one another used. That, and waiting for the right buyer to come along that has the cash to buy - not just make conversation, hoping you'll come down in price. It can take over 6-months or up to a year of advertising to find a buyer at a higher number. At least that's been my experience when trying to get top dollar for my 300ETD.
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Old 02-17-2013, 03:15 PM
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In Los Angeles you can find a pretty decent 560SL with around 100K miles for around $6 to 8K, a pristine with less than 50K miles will cost you around $12 to 16K.

But I have seen very decent ones go for less than $3K, not many people are looking for 12mpg cars these days.
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Old 02-17-2013, 04:17 PM
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Quote:
Originally Posted by Jorn View Post
In Los Angeles you can find a pretty decent 560SL with around 100K miles for around $6 to 8K, a pristine with less than 50K miles will cost you around $12 to 16K.

But I have seen very decent ones go for less than $3K, not many people are looking for 12mpg cars these days.
Same with Florida. I see many really nice example's for under $10,000. Some people do ask high prices like $35,000 and up because it is a sub 50k miles car.
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Old 02-18-2013, 04:39 AM
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Walrus, the name fits your demeanor.

I have been doing this for years on both my 560's, the SEC has over 100,000 miles and the way these cars are driven this is done once or twice a month.
Now I should say I don't disconnect it at the coil, I do it at the box on the wheel well. BTW, this was recomended by a Reg. Service Manager from Mercedes Benz North America many years ago.

Joe, thanks here's a picture

BTW I sold the car in one day to a collector who had seen at Greenwhich.
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testing the water for 560SL-10.jpg   testing the water for 560SL-29.jpg   testing the water for 560SL-560sl_maroon.jpg  
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  #11  
Old 02-18-2013, 10:58 AM
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Originally Posted by 1991 560 SEC View Post
Walrus, the name fits your demeanor.
Thank you...

...while dispensing out advice that others may take as gospel, I'd recommend you be more specific as to how to administer your advice.

http://www.startekinfo.com/StarTek/outside/11883/PROGRAM/Engine/107/M117_56/15-505.pdf

...and evidence of what can happen from one owner...

HELP! What have I done??? - Benzworld.org - Mercedes-Benz Discussion Forum
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"Where is it again that we are going, and why are we in this handbasket"?
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  #12  
Old 02-18-2013, 04:28 PM
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Originally Posted by 1991 560 SEC View Post
Joe, thanks here's a picture

BTW I sold the car in one day to a collector who had seen at Greenwhich.
I never argue price points with anyone, as we all may have different views of what something is worth, would or should sell for. At a sale price of "$46,000.00" you got a very good return for the sale of that car, IMO, and I congratulate you for getting that much for it.
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  #13  
Old 02-18-2013, 07:31 PM
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Price depends on condition. If you're looking at a car with under 100k miles, in good condition and with recent service documentation. You should expect to pay over $10k for it.

Rough examples with 200k miles are between $3.5-4k and exceptional ones with under 50k miles go for $25k or more.
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Old 02-20-2013, 02:00 PM
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Walrus is absolutely 100% correct. Read the FSM.

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