Thanks for the additional replies. I really do not think it is a Euro model. I do not see anything that suggests that. I have the VIN #- can someone read that and be able to tell me just from that?
I agree, I think that $5500 is too much, but when I look at 90s Honda Accords, Toyota Camrys priced at least that and more- it does not seem so bad. Also- it seems to be in excellent shape, so for those saying $5500 is too much- is that too much even if the car is in excellent condition & in perfect working order? If I had the assurance of buying this car @ this price- knowing that I would not have any problems with it for at least a year- I would be more comfortable paying that for it. About the timing chain- I phoned one of our local Mercedes repair/sales specialists to get an estimate of a timing chain replacement on one a 85' 500SEL. I have been told here that it is a $1000+ replacement, but I was quoted the price of $493.00 - which includes parts and labor of the chain and tensioner on this car. I have to call another shop tomorrow, as they are checking the price of this for me.
My other main concern is the minor (seeping) oil leak coming down from the front part of the oil pan. It is not dripping, there are no leak spots under the car, but it has a damp look to it. Someone said here it was $1500 to repair? That is why I have not purchased it yet. If I recall when I talked to him last- I think he said it had some clunking with the front suspension, but was planning on having this repaired. Perhaps bad bushings/struts.
The car was moved inside the garage today, as were a few other cars that were also out on the lot. The hood was raised, so perhaps they were changing the oil or something- or detailing it.
I searched traderonline.com for 1984-1985 500SEL's. Prices ranged from $1200 to $25000. The $25000 had high miles- I have no idea what they thought they had. The average price was $3000-$4500. NONE where really close to me. The closest ones were 5-7 hours away from here. One was $2995 and the other was $3995.
In addition- the NADA price on these cars seems too high-
low retail - $6550
average retail - $8700
high retail - $11700
