Last week I looked at a 2006 Mercedes-Benz E55 AMG Estate that drew quite of bit of reaction from the comments. I say that as a good thing because most were pretty happy with the condition but thought the price was a little high (which I can say I don’t really disagree with). Well wouldn’t you know it, another W211 E55 AMG Estate popped up for sale with even fewer miles, in the same area and an even a cheaper price. I thought this might be an answer to what everyone was looking for. There’s just one slightly big problem with this one though: it is by far the worst condition E55 Estate I’ve ever come across.
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During my daydreams I always try to run through my head what relatively modern Mercedes-Benz is going to desirable and collectible in the near future or beyond. I’ve racked my brain plenty of times and the list I always come up with usually isn’t very long. It is not like there are not a bunch of good cars out there, but almost every one of them is a mass-produced vehicle that was made to be the best for the first few years then discarded quickly for whatever is new. That is how the entire car business is now and I don’t think it is going to change any time soon. It is even more true with newer AMG cars because their astronomical running costs just don’t make it feasible to keep long-term. Of course, there are exceptions to everything and one of those exceptions is the W211 E55 AMG Estate. The combination of the M113K in an estate body, which everyone seems to love, has proven to be one of the most desirable Mercedes of the past dozen years or so. It isn’t just because it is a wagon, because AMG keeps blessing the US market with these super wagons, but rather it is reasonable enough to live with when it comes to repairing and maintaining this estate. Thus, demand stays high, prices stay high and you have a vehicle that will go down as a young classic. This 2006 up for sale in New York is just one of these examples and given its price and mileage, is probably a pretty good deal.
CLICK FOR DETAILS: 2006 Mercedes-Benz E55 AMG Estate on MB World10 Comments
Update 11/20/18: After heading back up to $24,999 and then down to $18,999, this E55 is strangely now listed as a 2000 model year and has dropped in asking price to $17,999.99.
Update 9/18/18: Another drop in the asking price from $22,500 to $20,999.
Update 8/30/18: The asking price has dropped $2,500 from the original $24,999 to $22,500 today.
Earlier this week I dove into how the W210 Mercedes-Benz E55 AMG is becoming the next collector car from Mercedes and as a result, prices have been creeping up on them. The example I looked at was a 1999 up for sale in Canada that had all the makings of a collector example with its pristine condition and full service history. It ultimately ended up not selling as the bidding reached $10,500 and I was a little surprised it didn’t go higher. Today, I happened to run across another 1999 E55 up for sale in California that checks in with just 44,000 miles. At first glance, I thought this one might be another home run, but then I really took a closer look it and then I saw the asking price. Now, I might not be so hot for this one.
CLICK FOR DETAILS: 1999 Mercedes-Benz E55 AMG on eBay6 Comments
I’m ready to declare that the W210 Mercedes-Benz E55 AMG has stepped into collectibility territory. Full disclosure, I own one of these so take it how you want, but the recent sale prices have been telling the story. Over the past year, auction results for clean, nice condition E55s have been producing prices that have surprised me just a little. For the past five to eight years, you could pick a decent W210 E55 for $7,000-9,000 and have a nice example. If you wanted a rusty one with a bunch of issues, $5,000 would put one in your driveway. Now, those $9,000 examples are $13,000-$15,000 and the really prime cars with low miles are reaching the high-teens and maybe even $20,000. Sure, you can still find those rusty $5,000 ones if you look hard enough, but I just don’t think there will be any appreciation on those because once the rust starts on a W210, it never ends. I guess this makes sense in the grand scheme of things because we’ve been seeing price cycles like this for years with W201 190E-16vs, W124 500Es and on the BMW side with the E39 M5 and of course the E30 M3. Remember when you could get one of those for $8,000?
Today’s car, a 1999 E55 AMG up for sale in Canada, brings a little bit of a unique situation. First being it is a Canadian-spec car so there are some minor changes from the US cars and second being that it’s a 1999 which means this is the rare, one-year only, pre-facelift car. That means a different gauge cluster, steering wheel, body work, transmission setup, taillights and radio. For some the one-year status might mean increased scarcity, but I doubt you’ll find a lot of people wanting a 1999 over a 2000-2002 because of all the upgrades the facelifted cars received. That doesn’t matter all that much today because this car is in outstanding condition and is set to probably bring a nice, fat number once the auction ends.
CLICK FOR DETAILS: 1999 Mercedes-Benz E55 AMG on eBay5 Comments
A little over a month ago I looked at a 1999 Mercedes-Benz C43 AMG Estate that, thanks to Canada’s 15-year import law, was ready to be enjoyed by our friends to the north. Today, I have big brother E55 AMG Estate that looks to be literally fresh off the boat from Japan. This 2001 shows 47,000 miles and looks to be missing the most important W210 characteristic: rust. Although much like the W211 AMG Estate, you’ll pay a premium for that extra cargo room.