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Targa, Panamera Turbo
Join Date: Aug 2004
Location: Houston TX
Posts: 22,366
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'86 MB 560SL, Creampuff...
Drove by a sweet, and I mean sweet 1986 560SL Benz, has 50K on it, owner asking $18,000. The car is almost show room perfect. A southern car that saw weekend drives and kept in a garage under a tarp. I'm thinking about that car, thinking I may want to buy and flip for $20 to $22 if I could...prolly not, but what a sweet ride!
I'll try to get pics...
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Michael D. Holloway https://simple.m.wikipedia.org/wiki/Michael_D._Holloway https://5thorderindustry.com/ https://www.amazon.com/s?k=michael+d+holloway&crid=3AWD8RUVY3E2F&sprefix= michael+d+holloway%2Caps%2C136&ref=nb_sb_noss_1 |
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Now in 993 land ...
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Have you driven one of these? Built like a tank. And drives like one too.
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,183
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I've driven one recently. I could have gotten it cheap, and didn't buy it. I thought the seats were uncomfortable, and it didn't have enough head room. Not a sports car to be sure. The one redeeming factor is the 350ci krautblock under the hood. You put your foot down, and it goes like stink.
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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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Now in 993 land ...
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You should page chocaholic. He's got his for sale now that he found a real car. I am sure his will be less than 18k and you can drive it without worrying about taking off value.
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Driver
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Wow, those things go for the upper teens now?! A couple years ago I saw one ('89, the last year) listed on CL. A Beverly Hills car. Maybe not 50K miles, but it sounded like a well-kept car. They were asking around $8K, from what I remember.
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1987 Venetian Blue (looks like grey) 930 Coupe 1990 Black 964 C2 Targa Last edited by Noah930; 02-07-2014 at 09:21 PM.. |
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Registered
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good luck flipping that car for profit!
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Now in 993 land ...
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I doubt they fetch upper teens. But I can't say I have been in the market for one.
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Now in 993 land ...
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I doubt they fetch upper teens. But I can't say I have been in the market for one.
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Banned
Join Date: Jul 2001
Location: los angeles, CA.
Posts: 41,257
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I've seen them go for $20k or more but they have to be absolutely concours. It is really easy to need $6-7k worth of work on one that *looks perfect* as well.
Here is one that went for over $20k, absolute creampuff with low miles, no paintwork, etc.: ![]() ![]() ![]() |
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Registered
Join Date: May 2005
Location: Houston
Posts: 5,471
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Until recently, these cars were absolute bargains. In some regard its good to see the values go up, as they were severely under appreciated. The US spec 5.6L with the cats and restrictive exhaust really take the fun out of these large V8s, but once up to speed they are great to drive and so ultra pretty in stock form (without having to add aftermarket wheels or suspension work).
Yasin
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Ole Skool - wouldn't have it any other way |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,372
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Nice cars are $8K to $12K around here. Drivers are $5K and less.
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Tru6 Restoration & Design |
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Edministrator
Join Date: Aug 2003
Location: SF east bay
Posts: 24,766
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Yep. Deferred maintenance is not your friend. No idea what state you're in, but you probably are required to pay tax on the purchase, even if you flip it. Dodging that is probably easy, but it's flaky if you don't have a license.
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Banned
Join Date: Jul 2001
Location: los angeles, CA.
Posts: 41,257
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,372
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Denis, the 8-12K cars are summer only, 70K mile cars. And they are kept up by old white rich people either at the dealer or a high-end shop like European Auto Solutions | Mercedes-Benz Repair
Many of these cars haven't seen rain, let alone snow.
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Tru6 Restoration & Design |
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Banned
Join Date: Jul 2001
Location: los angeles, CA.
Posts: 41,257
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OK, I guess that's possible. Most of these cars were year round, daily drivers wherever they were sold, at least for the first part of their lives. My dad's car, (which I now own and keep in CA.), was driven year round for the first years of its life and it has rust as a result.
These were expensive cars new but never exotic in the least or true sports cars, so most were driven. What is more typical, since it's sort of an "old person's car", is that they fell into disuse within a few short years from new because the owners got too old to drive them. They will never be seriously collectible, IMO, because they just sold too darn many of them and the supply will always meet the demand, which will dwindle because many of today's young people just don't like cars and the fuel and maintenance costs can be prohibitive. They are pigs at the pump. |
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Model Citizen
Join Date: May 2007
Location: The Voodoo Lounge
Posts: 18,944
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Of course, if you want the budget Merc, you can do-it-yourself:
(Yes, those are fence boards under the rack rails. Yes, that's woodgrain Contact® paper on the lid ![]()
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"I would be a tone-deaf heathen if I didn't call the engine astounding. If it had been invented solely to make noise, there would be shrines to it in Rome" |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Does the top come off on the 560 SL's?
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Copyright "Some Observer" |
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,183
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Yes. Requires 2 special levers to get it off.
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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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You mean like Screw Drivers, or are they like Can Openers? I think that the problem for me with the Benz is that I would feel like a Sardine in a can sitting in one of those PANZER WAGENS..
Recently I saw a mid 90's 500SL for sale for $5800.00.
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Copyright "Some Observer" Last edited by tabs; 02-08-2014 at 09:17 AM.. |
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resident samsquamch
Join Date: Oct 2005
Location: Cooterville, Cackalacky
Posts: 6,815
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Not sure there is much to be made on a "flip". For comparison purposes, this car is pretty minty with all records and this dealer has had it for sale for quite a while.
Motorcar Investments, Inc. - (919) 851-4044, Raleigh, NC 27606
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-jeff back in the saddle: '95 993 - just another black C2 *SOLD*: '87 930 GP White - heroin would have been a cheaper addiction... "Ladies and Gentlemen, from Boston Massachusetts, we are Morphine, at your service..." - Mark Sandman (RIP ![]() |
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