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the Mink Test - READ ONLY
88 messages, Last post on Jul 10, 2006 at 10:45 AM
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What is this discussion about? Cadillac
#87 of 88 Re: . [andre1969] by fintail
Jul 10, 2006 (10:13 am)
Replying to: andre1969 (Jul 10, 2006 10:01 am)
Maybe he underestimated repair costs. I think with some of those cars, they are also bought by people who remember them when new. From what I can tell, having something like a 450SL when they were new meant having quite a prestigious and even chic car. Probably even moreso than they are today, due to being a little rarer. Maybe that Mark V can be explained the same way. If you get a no-miles as-new one for well under original MSRP, someone could see that as a deal, esp if they are fond of the car to begin with. It might not be safe logic, but it is logic. At the same time, some people think vintage = worth a fortune. If a new SL is 90K, a nice vintage one must be worth a bit, right? Some people assume that about my fintail...if a loaded new E-class is 60K and a S-class is 90K, a shiny old MB with fins and chrome must be worth 30K anyway, right? People have actually told me that.
Funny thing too...according to my 1976 NADA and KBB guides, a 74 450SL had a MSRP of $15450, and a 73 at $13340 - so that guy paid more than original MSRP!
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