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#1
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Fair Price for '87 300TD
I will be looking at an '87 300TD wagon this weekend. It has 200,000 mi and the asking price is $5500. The owner says it has a few dings (or does he mean dents) and the original paint is fading in some spots. The front passenger seat has a small tear in it along with the armrest. He says A/C works and he had the transmission rebuilt at 180,000. No other major work was done. Does this price seem high? The KBB shows $2800, Edmunds shows $3500 and NADA shows $6000 for averages.
Thanks! 1987 300D 186km 2001 CLK 430 Conv. 29km |
#2
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Sounds high to me too. I'd guess this is about a $4K car, but it all depends on how it looks/feels/drives in the flesh. One question is what else does - or does not - work on the car. Many sellers gloss over the fact that power windows or the cruise control don't work - hey, nobody expects that stuff to work on a 16 year old car! Except us, of course.
As the previous poster stated, it's tough to nail down the value of these. I suggest you take a look on ebay - there's been several of them lately. Use the advanced search feature for completed auctions to see how recent sales have fared. - JimY |
#3
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The exterior didn't have any major dents, just a small ding here and there. The paint faded a little on the right side of the car. The engine looked clean and well maintained with 206km, however, the turbo did not work. The trap oxidyzer was replaced last year by the dealer, so I assume that the turbo must have worked then. It probably has a clogged ALDA line. The radiator, water pump and fuel filters look new and clean and the engine temp is just over 80.
The interior of the car NEEDS a LOT OF WORK. The dash is cracked and the A/C is original R12 with the center vents not working (need to replace dash and all vacuum elements and maybe compressor soon). The ACC buttons try to pop out when others are pressed. Antenna does not work. New transmission shifts really hard from 2nd to 3rd, but his mechanic says it is just a vacuum line. Drivers seat and center armrest upholstery need replacing. Glow plug light does not go on. ABS felt like it kicked in when braking at low speed, when no lock up occurred. Hood release lever not hooked up. Engine will not start in P, but will start in N. Outside Temp Gage on dash does not work. Rear hatch shocks shot. The asking price is $5500. Knowing the problems listed above, should I make an offer, or walk (maybe run)! I can do all the work myself. Thanks! 1987 300D 186Km 2001 CLK 430 Convertible 29Km |
#4
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give the vin# and i can run carfax
__________________
Gretchen 1981 240D 4-spd 213,000 mi 1979 240D 4-spd 298,000 mi parts car 1994 BMW 325is 1991 Dodge turbo diesel 1997 ford expedition BILL |
#5
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$5500 is way too much for a car in that condition. You say the dash is cracked, is it a blue interior? My '87 TD is white with a blue interior and it's dash is cracked. This happens to ALL blue dashes. As it has been mentioned, prices for these rare cars are all over the place. I say rare because MB only made 2,386 of these cars in 1987. That was for the world, I don't know how many of those came here in '87 which was the only year MB brought the turbo diesel wagon to the US in the W124 body. I bought my "87 TD this past May, and only paid $3K. I have been told by fellow MBCA members and past W124 TD owners that I got the deal of the century, considering the condition of the car. I occasionally look at E-bay, but you don't find too many of these cars there, never mind the local papers. As for using NADA, Edmunds, KBB, etc. that can be miss leading when it comes to old cars like these. Look up a late 80's 560SL and you will find the values are about $5K-$10K lower than what these cars are going for on E-bay and in the local papers. The previous owners of my W124 TD were asking $3,500, which was about "book value". However as I mentioned, fellow MBCA members said, they didn't realize what they had.
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1999 MB SL500 (110,000 mi) 2004 Volvo V70 2.5T (220,000 mi) 2014 Tesla Model S 85 (136,000 mi) MBCA member |
#6
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By the sounds of it maybe I'd offer between $1000-$2000 for it, too much work needed. And that's just the stuff you noticed!
Gilly |
#7
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Sounds like a can of worms. $1000-2000 might even be a little generous. I would run away from that one and save your money for a clean well maintained car.
__________________
Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan "press on" has solved and always will solve the problems of the human race. Calvin Coolidge (1872 - 1933) |
#8
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I gotta comp for you
Bought ours in May as well, out of NH. 171k miles, excellent interior except driver's seat bolster (MB Tex), some rust around wheel wells (interior portion) and jack points and needed IP. Paid $3,300. Needed $1,700 for Inj. Pump, $1,000 for rust work and ding repairs. So, $6,000 for a car in v. good condition.
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#9
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I forgot to get the VIN, although I think I saw enough to pass on this wagon.
The dash was black, so I was surprised that it was cracked (my other '87 had a blue dash that was cracked). Anyway, I will keep all posted about my continuing search. I don't mind working on the vehicle if I get a good deal. However, this is not a good deal and needs a lot of work. Thanks for the input! 1987 300D 186Km 2001 CLK 430 Convertible 29Km |
#10
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I forgot to get the VIN, although I think I saw enough to pass on this wagon.
The dash was black, so I was surprised that it was cracked (my other '87 had a blue dash that was cracked). Anyway, I will keep all posted about my continuing search. I don't mind working on the vehicle if I get a good deal. However, this is not a good deal and needs a lot of work. Thanks for the input! 1987 300D 186Km 2001 CLK 430 Convertible 29Km |
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