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Originally Posted by Hatterasguy
I wonder how much 420SEL I can get for $3k?  No that sounds like a fun challange! |
Out of curiosity, I looked up a '91 420-SEL at KBB(Kelley Blue Book) - dealer pricing - excellent condition.
KBB comes up with approx. $7800.00. I realize this sort of evaluation is subjective; nonetheless, quite a spread from $7800 to the $4900 & change seen at the 1st URL in the initiating thread above.
If KBB claims that a primo '91 420-SEL could go for $7800 on a car lot, one would have to wonder just HOW MUCH of a 420-SEL you'd get for 3K?
My guess is you'd spend the "spread" and then some getting it up to par.
While I agree the 126 series is one of the best ever made, they are old and irregardless of maintanence performed over time, are going to likely become cash pits for the buyer. Most all old cars do that eventually.
If you can do 90% of the work that will likely need to be done, you may do OK for yourself.
Just my 2 cents.