i have a beautiful 82 300cd which are rare and rising in value slowly. i dont drive it because it is too nice. i want to sell it but i think i should hold on to it and store for years and see what it would be worth 20 yrs from now.
2007-07-30 03:50:40 · 6 answers · asked by bachelorincc 1 in Cars & Transportation ➔ Car Makes ➔ Mercedes-Benz
Sell it then. It's not a collectible and never will be. It's just a nice used car that will hold present value and go up with inflation. It's not worth holding onto.
So use it up or sell it.
It's not collectible because rarity alone does not mean value. It's more about supply and demand that dictates price. Just about everyone who wants one of these cars can find one pretty easily and the demand is not high.
2007-07-30 11:32:14 · answer #1 · answered by Anonymous · 0⤊ 1⤋
The car is now 20 years old so there is a value to it.
I worked for a Used Car Dealer and as far as i remember we never had one. You can establish a value several ways.
Ebay Motors, A Benz Dealer, A Benz collector, NADA Book on the web. Remember though a stored car goes down hill
as far as runability and etc very quick. If you must store it get it out and park it in the open every couple of weeks. This will
let the sunlight and etc into the car and keep down milldue.
By the way when you park it outside roll the windows down about a inch to let air in. Storing inside is good use a good quality car cover too.
2007-07-30 11:01:39 · answer #2 · answered by reddcobalt07 3 · 1⤊ 0⤋
It's a beautiful car, but unfortunately, not the sort that collectors will pay much for. You see them offered occasionally as high as $15K, but not too much action at that level.
Even stored in a dry garage, maintenance will be required. The car should be run occasionally to keep the seals from drying out. Fuel will need to be exchanged periodically to prevent growth of algae. It'll need new tires every ten years, even if you don't drive a mile. If the garage isn't dehumidified, dry rot will cause you to replace upholstery. And of course, even if you own the garage, there's a cost to the floor space. So you won't get there without spending some bucks. It's rarely profitable to hold a car for investment.
2007-07-30 17:44:22 · answer #3 · answered by anywherebuttexas 6 · 0⤊ 1⤋
If you can afford to keep it, why not?
I don't think you'll sell it for half a million, even in 20 years, but IF it's in VERY good shape, it will be worth something.
If you decide to keep it, you must drive it once in a while, or put it in storage after performing all those "procedures" required for long term storage (you can find the info on how to store a car at cartalk.com)
I had an '85 300TD Station Wagon in absolutely perfect condition, but I was driving it and... totaled it in an accident several months ago. I wish I did what you are planning to do...
2007-07-30 16:58:57 · answer #4 · answered by Anonymous · 1⤊ 0⤋
That is totally your call. If you like the car, and you think it will increase in value greater than the cost of owning it, then keep it. Good luck.
2007-07-30 10:57:58 · answer #5 · answered by Fordman 7 · 0⤊ 1⤋
good choice....later ull become freakin rich!
2007-07-30 10:58:18 · answer #6 · answered by Anonymous · 1⤊ 0⤋