One thing that needs to be discussed with respect to the purchase price of these cars is their replacement value to an insurance company. All of us have seen information that blue book, black book, Nada etc. values are considerably lower than the actual prices paid. I am concernced that the about $17,000 I paid for my 86 560 sl with 48,000 miles (along with the 2k I have put into it ), in October of 2002, would not be returned to me if the car were totaled.

I have been thinking about calling my insurance agent to discuss this and see what can be done. I imagine he is going to recommend that the car be appraised and that the insurance be written to cover that appraisal. Which probably means I will have to pay for an appraisal and my insurance bill will go up a considerable amount (or I will be restricted in the manner and places I can drive the car if I want to have coverage at a reasonable cost).

thoughts?

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Dan

1986 560SL (52.5k miles) sold 11/24/04

1987 560sl (55.6k miles)