Crazy to think that $20,000 isn’t considering a large sum of money for a car anymore, but it will still buy you a handful of really cool used stuff as long as you are okay with it being 20 years old. Hard to wrap my head around the fact that the R230 Mercedes-Benz SL-Class is in fact that old, but thankfully it doesn’t look its age. Today’s car, a 2003 SL500 up for sale in Chicagoland, brings a whole lot of flash with its Mars Red paint, but thankfully you can drive away while still being under that $20,000 limit.
I’m always curious about how much of a “project” people are willing to endure. Naturally, this becomes just a math problem really fast with almost everyone undervaluing their time. However, sometimes our ego gets the best of us and we think we can fix things much easier, and a lot of times cheaper, than it actually ends up being in reality. Today’s car, a 2002 Mercedes-Benz SL500 up for sale in California, is one of the “projects.”
CLICK FOR DETAILS: 2002 Mercedes-Benz SL500 on eBay
Last week I laid out why I think right now the R230 Mercedes-Benz SL-Class is probably the best value in the Mercedes-Benz world. It has the perfect combination of very high production numbers and the perfect timing of too old to be modern but too young to be a classic. Today, we have the previous generation that had a similar production run, which means it can still be had for very little money given how many are out there floating around. Of course I’m talking about the trusty R129, and more specifically an early 500SL.
This example up for sale in New Jersey is finished in one of my favorite colors of Spruce Green and just has shy of 51,000 miles. The best part? The asking price is only $10,900. Of course there is a catch.
CLICK FOR DETAILS: 1993 Mercedes-Benz 500SL on eBay
For me, right now, there is no better value in the Mercedes-Benz world than the R230 generation SL-Class. A nearly $90,000 car new back when it first launched almost 20 years ago has probably reached its floor for the well-loved models. If you want in on one, now is the time. Thankfully just like the previous generation, the R230 had a long production run with no less than five different engine choices including a V12. Of course, the real value is with the classic M113 5.0-liter V8 with the nearly indestructible 722.6 five-speed automatic. Today’s example, an Amber Red Metallic example up for sale in Nevada, is looking to be a real deal even in today’s thirst for everything cool in the automotive world.
CLICK FOR DETAILS: 2003 Mercedes-Benz SL500 on eBay
The swan song for the R129 Mercedes-Benz SL was nothing more than a quick inventory of stuff Mercedes had laying around the warehouse in terms of parts and slapping it on a few hundred examples to call it the “Silver Arrow” special edition. We confirmed this a few weeks ago when looking at the 2000 SL320 “Edition” up for sale in the UK that was all the same parts with the exception of the white leather inserts on the seats and steering wheel. Although I’m willing to bet that leather was also sitting around on the shelf too and they need to get rid it of it before it got too dried out and dusty. However, the American market bought it up and still continues to do so as the very best examples in the world are selling for over $100,000 now and I think people are realizing these are the “it” R129s to have. Time to buy-in while you can?