Quote:
Originally Posted by Sulawesi
Nothing more expensive...that gives me pause. Don't get me wrong, I am not in the poor house here, but I want something practical rather than a love affair...thanks for the comment, and your list of things to check out is very very helpful
|
It is a statement to take with a grain of salt. If you want the car 100% restored to new condition, then it is true. If you want a daily driver and aren't OCD about your car, a cheap mercedes can remain relatively cheap. Yes, you are likely to have to replace things, but mostly it will be small things. Generally, you will know some things need attention, but you can work on them slowly and they won't leave you stranded in the mean time.
My last 300SD, I bought for $1500, put about $700 into (front end work that I wasn't up to), and sold a year later for $1800 and probably could have gotten more if I wasn't selling in a rush. A loss of $400 over a whole year is not bad considering that our other car was a $130 payment every month, a $800 repair at the end of the year, and depreciates in value by the mile.