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Wow, that's something! I suspect the seller will have the reserve set sky high.
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If I was the seller I would flat out refuse to sell them the car in that case. Whoever does that would be an idiot, buy a $5k driver. They don't make 300SD's anymore so the handfull of good examples that still exist should be preserved. Insuring such a car would not be a problem, get an agreed value collector car policy. You would have to keep it inside and not drive it anywhere (which is what such a car demands) but insurance would be cheap. If you were to drive such a car with a normal policy and were hit they would probably cut you a $5k-$8k check.:eek: The downside of owning such a car is you would never be happy with another one, they would all seem like junk!:D |
Best example of 300D I have seen...
I saw these really beautiful 300D the other day, I was just Amazed how sweet it was. No rust. New interior. All the functions work. The engine ticked like a swiss watch. I took a look at the front end, all new ball joints, tie rods, control arms. The exhaust was new too. New Michelins and powder coated rims.
I wondered how much the owner wanted for it but I'm told its a legacy car, he won't part with it for some stubborn reason... http://mywebpages.comcast.net/snow7ice/300D_2.jpg |
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Since it's a legacy car, why don't you give it to your kids when they turn 16 and let them beat on it. :P |
Just checked on the auction.
3 days and 10 hours left, and the bidding is up to $22,600. The reserve is still not met. Waddya think the seller has the reserve set at? |
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Garth |
original price
I have the original sticker for my '84 300SD- it was a few hundred over $40,000. I'd guess he wants close to that for this one.
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Hey Suginame--go buy a couple of these as an Investment
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You want me to buy a couple of 'em as an investment?
I'd love to, but I don't think my wife would go with the program. People love these W123 and W126 diesels, and their numbers are getting fewer and fewer. The clean ones that are left are only going to go up in value, as far as I can tell. |
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If the car sold for $40k in 1984 and then someone paid $40k for it today that would be a horrible investment. Not only did he lose from inflation, but he lost the chance to earn a return on that $40k. Figure 10%-20% per year since 1984 would be an acceptible ROI. 1984-2006 Lets be conservitive 10% ROI per year on $40,000 for 22 years: $325,610.9975 20% ROI $2,208,245.756 Cars are the worst things to spend money on. Note my HB17 calculator is currantly on loan to one of my professors, so if the numbers are off a bit deal with it.:D |
Real pretty.....but...to nit pick....the upper inner door trim is beginning to wrinkle...or did they come that way :rolleyes:
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Didn't say he was smart, nor that the buyer would be. Just observing that Gordon Gekko's "Greed is good" philosophy is alive and well. My HP-12c is a match for your HP, but it still lacks common sense..... |
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I paid $3800 for my 84' 300SD...not as straight though..kinda on a angle :silly:
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