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#31
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Cheers, Bill |
#32
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What about the VIN?
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#33
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Older than that actually, it was first introduced in 1975 at an auto show in Europe, I want to say it was the Turin Auto Show, but not quite sure..
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'81 MB 300SD, '82 MB 300D Turbo (sold/RIP), '04 Lincoln Town Car Ultimate Sooner or later every car falls apart, ours does it later! -German Narrator in a MB Promotion Film about the then brand new W123. |
#34
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My theory is this:
I'm 37 and a child of the 80s. Chevelles? GTOs? Camaros? Corvettes? Muscle cars in general - who cares? We didn't have them as our dream cars, we had the Mercedes, the BMWs, and the Porsches as our dream cars. And at this point, even if we wanted a muscle car (market way, way overblown), we couldn't afford them anyway, even though my generation is getting some cash right about now. (Personally, I think we'll see the "tanking" of muscle car values simply because those who own them will flood the market when the babyboomer's healthcare needs get too high, and since my generation doesn't care about muscle cars, who are they going to sell them to?) So what do car guys of the 80s turn to? Our dream cars are the cars we grew up with and loved. We can afford the MBs and BMWs now because they're not price-overblown - yet. MB is the most popular marque becuase they're still very reliable, are very affordable, have a great feel to them, and fulfill our need for dream cars with which we grew up. The cream-of-the-crop w123s, w126s, r107s, and w124s will go up in price - they're my generation of collectibles. But if you really want a collector car over which my generation will salivate in 15 years, it'll be the SEC AMG - a documented one. As soon as I can personally justify the $20k-30k on one, I'm in, and I'll never let it go.
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- Brian 1989 500SEL Euro 1966 250SE Cabriolet 1958 BMW Isetta 600 |
#35
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Excellent observation. You are quite right about muscle cars. In the 70's, 80's and even into the early 90's antique cars from the pre war [WWII] era were bringing a princely sum. Now that most of those collectors have passed on the prices have dropped dramatically. And, as those collectors passed, their money was left to family who remembers growing up with the muscle cars. So, with their spare change, they go out and find what they remember. Cheers, Bill |
#36
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For the 30K range you could actually but a car that has real collectable value. While the 80's MB's are great cars they are not worth the inflated values that some people are paying for them. Especially for a 123. The collector car market ebbs and flows a lot (one of the reasons most banks steer clear). If you remember the early 1990's you remember all of those over inflated values for the collector cars. I feel sorry for anyone who buy's a collectable car when the market is trendy as they pay a premium for their cars and are unable to recover it in resale. Im a big fan of the "if it makes you happy do it" philosophy. But why not take a step back and think about something before you do it as well? While its easy to blow $30K on that "perfect" car that you want might it not be a better financial decision to do a restoration on a car in need? Its cheaper and your helping preserve a vehicle that might have been junked otherwise. Many of the really rare and valuable cars in the collectable market were saved by smart owners that paid virtually nothing for them but recognized what they had in front of them. Anybody can dump a load of cash on a pristine low mileage car. |
#37
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http://i284.photobucket.com/albums/l...aman/Fleet.jpg Peach Parts W124.128 User Group. 80 280SL 85 300SD 87 300TD 92 300D 2.5 Turbo 92 300TE 4Matic |
#38
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Cheers, Bill |
#39
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A black on black 560SEC AMG Hammer with is one of my dream cars, along with a Ferrari 355, and a Zonda.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#40
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Personally, I wouldn't want to own a garage queen either, but there are folks out there who just want to own a good example of an original car and are willing to pay for it. I'm glad there are folks who have the interest and resources to preserve some of these cars. |
#41
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I'd be more than happy to have a detailed to death low mileage garage queen W126. For me half the fun would be just having something that nice and perfect.
One doesn't need to drive a car on a daily basis to enjoy it, quite the opposite actualy. Get to much of anything and it becomes old.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#42
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I totally agree! Especially Hot market for those survivors which have been properly serviced and documented and range from premium condition, ultra low mileage to Good condition, moderate mileage. However, the price that the Mercedes in that superior condition can command is not at all representative of the same value proposition of those which are in average condition or below. The trend I am seeing is the discriminating buyer is increasingly willing to reach beyond the Average condition vehicle to "buy up" in quality and in effect, reducing demand for the Average vehicles. In the meantime, that submarket will remain soft until prices are more correlated with the value proposition. Further, I believe the excitement concerning conversion to WVO has met up with the greasecar reallity of lots of hard work, low reliability and the realization that it is probably more trouble than it is worth...has run its course on demand and is now nominal. However, I do not write the movement off! I think there is a strong opportunity for a second momentum as the early adopters prove and improve the technology, form a cohesive user community, and communicate lessons learned... Currently, they buy the beaters, clunkers and average vehicles to use as a test-bed and will eventually progress up the quality ladder for better platforms to retrofit as the technology is improved, becomes more accepted, and demand increases. |
#43
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damn that's a nice car!
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1980 240D, 197580 miles - "The Stuttgart Stomper" |
#44
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Yes it is real purty!!!
I paid $19700 for my brand new 240D in 1982... |
#45
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I think the odds are that the 123 will go up in value as the baby boomers are retiring and with the interest of the WVO crowd. If the EPA says OK no more WVO in cars and we are going to have stiff fines for people caught then you are going to see the bottom drop out. Just my opinion.
Funny about that spare. I've only owned my beater 300TD for about 600 miles and I moved two tires from the fornt to back because of the same wear. I also noticed both of my front springs are cracked at the bottom. My dream car has always been a 911. I love the sound of that boxer. Always been a VW Beetle nut. Sold a 78 Super Beetle with 23K on it in June. Lost no money, took very little work, and drove it for almost three years putting 6K on it. Mars Red beauty!
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Currently driving a very clean 1985 300SD from the West Coast. |
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