”How cheap can they really get?”
That is what I ask myself all the time when checking out almost any car. I understand why cars get to a certain point, even ones that were really expensive to start with. Sometimes it is just the natural cycle of used cars. Sometimes it is a situation where the car just isn’t worth the trouble and prices hit the floor. Of course this is a case by case basis, but it is always interesting to see how certain cars slot into the market when they’ve matured to over 10 years old. Today’s car, a 2005 Mercedes-Benz SL500, is one of these cases where I always wonder how cheap they are going to get.
The R230 generation isn’t like SLs of years past; this is a modern-era SL with a retractable hardtop and a sleek design. Gone are the square slabs and lightweight feel, this is a bloaty, heavy grand tourer. Of course all this came at a very expensive price. The 2005 SL500 started at $92,000 ($118,000 in today’s money) and only got significantly more expensive from there. The thing is, these are pretty stout cars. They aren’t mechanical nightmares like a Land Rover (I know this from personal experience — I own one) and maintenance won’t bankrupt you even if you daily drive one of these. But this SL500 isn’t a mint to get into: it is a mere $9,000. That’s it. No, it doesn’t have a rebuilt title and it’s not full of mold, it is just a 2005 SL500 with a 141,000 miles. This makes me wonder; are all R230s heading towards this level of cheap buy-in?