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06-22-2016 | #1 |
Join Date: Nov 2014
Location: Brooklyn ny
Posts: 1,045
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Resale? Don't feel so bad
Just tuned into a rerun of a Barrett Jackson auction from 2015....
A 2005 SMG E63 Mercedes two seat convertible ( I think I got the letters right) crossed the block.... Car came factory with 605 horsepower......Sticker price new was 180,000 dollars..Car was beautiful with 59,000 miles.... Selling price- 28,000 dollars... So.....Everyone cheer up... |
06-22-2016 | #2 |
Join Date: Jan 2004
Location: Portland, OR
Posts: 1,057
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Re: Resale? Don't feel so bad
Wow that's cheap, kinda wish I had the extra cash and room for a Benz now, those are nice cars.
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Robert ZR-1 Net Registry Oregon State Director 91 ZR-1 #431 Black/Black LPE 368 |
06-22-2016 | #3 |
Join Date: Feb 2016
Location: Carterville Illinois
Posts: 847
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Re: Resale? Don't feel so bad
I watch these auctions a lot as well. It amazes me how the market goes up and down....Like now, 1977 to 1981 Trans Ams are going for stupid prices. I'm not knocking Trans Ams, I owned a white on blue 1979. If one could only predict the future. I wish I owned a 1989 Turbo Trans Am, those are so under-rated it's a joke......
The 2006 / 2007 Ford GTs are now spiking for huge prices, as they should. I think the iconic cars will always hold value, especially for low mileage ones. I'm surprised the LT4 Camaros from about 1998 to 2002, with the Corvette motor, haven't exploded yet. I think our Beast will always hold a very special place, they were iconic between 1990 and 1995. And still are to all of us who know that magic after 3000 RPMs....... |
06-25-2016 | #4 | |
Join Date: Jul 2010
Location: Woodstock, Ontario, Canada
Posts: 1,275
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Re: Resale? Don't feel so bad
Quote:
Every 5th of these LT4 powered 1997 F-bodies were chassis dyno tested and every LT4 was engine dyno certified. A standard Vette spec LT4 was disassembled and balanced and blueprinted by SLP(including a torque plate squareup of the block), used specific stainless steel exhaust manifolds that had a visit at Extrudehoned, and fed a specific exhaust assembly. The Firebird of 1997 stickered at $23,000 with the LT4 Firehawk package adding another $17,023. The LT4 SS Camaro would tag high 12 second quarter mile ET's , but I'm not so sure about the 109-110 mph spec that I cant remember 100% accurately.
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peace Paul ZR-1 Net Registry Member #1494 |
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06-22-2016 | #5 | |
Join Date: Nov 2014
Location: Brooklyn ny
Posts: 1,045
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Re: Resale? Don't feel so bad
Quote:
Seen many imports over the years going for great prices at these auctions .... |
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06-22-2016 | #6 |
Join Date: Jan 2010
Location: Mystic CT
Posts: 2,626
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Re: Resale? Don't feel so bad
Nice car, but, you think some ZR-1 parts are expensive?
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06-22-2016 | #7 |
Join Date: Dec 2007
Location: NYC
Posts: 1,186
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Re: Resale? Don't feel so bad
Yes Benz's don't hold Value at all you can pick up a 03 CL55 AMG for about 15000 about 550HP Parts aren't all that expensive just have to know where to buy them def not the stealership.
I picked up this 07 cls550 for about 38000 4 years ago its worth about 25000 now they non AMG models lose value alot faster.
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90 Chevy ZR1 LPE #2315 'SOLD' 90 Chevy ZR1 LPE #2774 'SOLD' 91 Chevy ZR1 Callaway aerobody 91 Chevy ZR1 #1512 91 Chevy ZR1 #951 95 Chevy ZR1 #338 'SOLD' 91 BMW 850i 94 BMW 850csi 95 BMW 850csi 94 Lotus Esprit S4 07 Benz CLS550 06 BMW M5 "SOLD" Last edited by G8nightman; 06-22-2016 at 03:39 PM. |
06-22-2016 | #8 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,194
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Re: Resale? Don't feel so bad
I just picked up an 05 SL600, Twin Turbo V12, w/52K miles for $21K. Original sticker is $132K....its now tuned with 600hp and 690ftlbs of TQ. Fun car but with sht goes wrong its $$$$..
$2K power/hyd steering pump/Shock Pump So far in two months of ownership, hyd line went out, and now radiator. Tuned they run 11.4 on street tires @121-123; with sticky tires 11.0
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 |
06-22-2016 | #9 |
Join Date: Nov 2007
Location: Squires (near Ava MO in the Mark Twain N'tl Forest) - Missouri
Posts: 6,493
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Re: Resale? Don't feel so bad
Ouch!!! Those are some extremely heavy "hits" for those cars! 21/132 = 16% of new after 10-11 years.. By comparison, our cars selling in the $17,000 to $25,000 ± after 20 to 26 years are faring much better, ~ 28 to 33%, if seller is willing to wait/right market, etc., etc...
On the other hand, the cost to fix/maintain those Mercedes and BMWs makes a ZR-1 look cheap!!
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Good carz, good food, good friendz = the best of timez! 90 #1202 "FBI" top end ported & relieved Cam timing by "Pete the Greek" Sans secondaries Chip & dyno tuning by Haibeck Automotive SW headers, X-pipe, MF muffs Former Secretary, ZR-1 Net Registry Last edited by Paul Workman; 06-22-2016 at 06:12 PM. |
06-22-2016 | #10 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,194
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Re: Resale? Don't feel so bad
upper radiator hose on the SL600 $155...one hose
Antifreeze $30 per gallon Hyd fluid $18 qt for generic.....
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 |
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