A co-worker purchased a 2005 Mercedes CL-600 V12 with 88K miles for $6,000. It ran great but has a long list of little things that don't work anymore, lot of them. Just about every gadget you can imagine this car had and most of them don't work from the sun roof to anything on the driver's seat. He drove the car 6K miles this spring on vacation. He drove it like he stole it.
Recently the right side of the engine quit working. Evidently right and left sides have their own systems. The estimate to just get it running was $7,800.00. He was also warned that the transmission needed work as well as the goofy suspension. This did not include fixing any of the gadgets. He made a deal with a retired neighbor mechanic. They stripped the car together, cleaned up all the stuff and sold the pieces on the Internet. They split the expenses including the $500 for the estimate from the Mercedes mechanic, and profits right down the middle. His cut was $6,000. So, his expense for a 3 month beater for his vacation was tax, license, gasoline and insurance.
Recently the right side of the engine quit working. Evidently right and left sides have their own systems. The estimate to just get it running was $7,800.00. He was also warned that the transmission needed work as well as the goofy suspension. This did not include fixing any of the gadgets. He made a deal with a retired neighbor mechanic. They stripped the car together, cleaned up all the stuff and sold the pieces on the Internet. They split the expenses including the $500 for the estimate from the Mercedes mechanic, and profits right down the middle. His cut was $6,000. So, his expense for a 3 month beater for his vacation was tax, license, gasoline and insurance.