My 16 year old son wants to buy a 1985 mercedes benz 500sel for $1995 and 130,000. We took it to a mechanic for an inspection and it is pretty sound. He only needs it for two years till college, pretty close to home and work. Is it worth the price? I know the cost to repair can be costly but we looked at other cars in his price range and nothing else seemed as good! Any thoughts??
Let's look at the picture this way - most average priced new cars within 6 model years old depreciate after the first year approx $2500. a year,,, If this Benz goes beyond 12 - 14 months without major issues, the investment will have been secured.
The fact your mechanic found it sound makes the risk worth the investment,,, I must admit had you not mentioned the inspection, my answer would have been ,,, no no no .
I somehow feel he found this Benz through private contact ? not the Internet ? I will be interested to know.