Author Topic: buying a pagoda  (Read 4707 times)

glickbo

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buying a pagoda
« on: March 05, 2015, 13:34:45 »
hi all, how do you all feel about purchasing a 230sl which had an engine change to a 280?  how does this affect the overall value of the car, assuming the swap wasnt a result of a major accident, just the engine outliving its usefulness-there is a car i may be interested in buying as the rest of the car looks good but waiting for it to arrive in new york so i can see it for myself-thanks in advance

Rolf-Dieter ✝︎

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Re: buying a pagoda
« Reply #1 on: March 05, 2015, 14:52:22 »
I would hesitate purchasing such a car since it surely would affect resale value due to the fact that it no longer has the original motor. On the other hand, if this is not one of your concerns (re-sale value) and you truly like the car then go for it if the price is right.

Good Luck!
DD 2011 SL 63 AMG and my 69 Pagoda 280 SL

cabrioletturbo

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Re: buying a pagoda
« Reply #2 on: March 05, 2015, 19:01:24 »
I second Dieter's comment. Getting the 230SL car and fitting it with another 230SL engine may be a costly adventure, if you were to pursue that.

My advice is simply, either:
a) buy the car for what it is and enjoy it (this is probably less-headache option), or  
b) buy, replace the engine (230SL) for increase in value. Mind you, 230SL came only in 230SL (unlike 280 where there is relative abundance of engines from W108 etc.), so the engine must come from another less fortunate pagoda. Finding 230SL engine and one in good shape may be a challenge. Don't ask how I know...


hi all, how do you all feel about purchasing a 230sl which had an engine change to a 280?  how does this affect the overall value of the car, assuming the swap wasnt a result of a major accident, just the engine outliving its usefulness-there is a car i may be interested in buying as the rest of the car looks good but waiting for it to arrive in new york so i can see it for myself-thanks in advance
« Last Edit: March 06, 2015, 18:07:57 by cabrioletturbo »
Igor
1965 W113 230SL, Ivory with Black

batman

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Re: buying a pagoda
« Reply #3 on: March 05, 2015, 21:52:26 »
I reckon a 15-20% discount.

Here is an example in Australia of a very nice 230 being sold with a 280 engine.

http://www.classicthrottleshop.com/car5.html

Dont worry about the actual asking price (A$ 115,000), the point is that if this particular car had its original 230 engine then, (based on similar condition cars currently for sale & recently sold), it probably would be 20k to 25k higher.

Cees Klumper

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Re: buying a pagoda
« Reply #4 on: March 06, 2015, 22:42:50 »
There should be a mark-up because:
- the engine is better than the original one
- spare parts are cheaper

That is the more rational answer. Unfortunately this is not a rational business so probably the value is affected negatively, but how much depends on the condition of the car. For a tired example the difference should be small while for a top-end car the difference xould be as Mark suggests.
Cees Klumper
1969 Mercedes 280 SL automatic
1968 Ford Mustang 302 V8
1961 Alfa Romeo Giulietta Sprint Coupe 1600
1962 FIAT 1500S OSCA convertible
1972 Lancia Fulvia Coupe 1.3
1983 Porsche 944 2.5
1990 Ford Bronco II

jameshoward

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Re: buying a pagoda
« Reply #5 on: March 07, 2015, 17:14:55 »
If its a good car, I wouldn't worry in the slightest. At least the seller has stated this upfront. I wonder how many buyers would notice.  It wouldn't worry me at all as its a good engine. I'd think a 20% discount a bit rich. Were I the seller I'd be declining an offer of 4/5ths of the value I'd placed it for sale. I think it could be a discussion point, but real haggle value should be on condition. I would suspect the majority of 50+ year old cars aren't driving around with the original engine. If you like it, and the price matches the condition, buy it.
James Howard
1966 LHD 230SL

stickandrudderman

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Re: buying a pagoda
« Reply #6 on: March 08, 2015, 11:50:32 »
Here in the UK at least, it will only matter if it is a high end car. ie: one that has immaculate body/interior, low owners, full history etc.
Otherwise there are plenty of 230s that have had this transplant done and owners are generally happy with them.

glickbo

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Re: buying a pagoda
« Reply #7 on: March 12, 2015, 12:37:59 »
thank you all very much-alot of helpful info-ill keep you all posted on what happens 8)