yes, most are based on reported sales by stealers. I don't know if
they intentionally misreport or if it is just stupididity, but many
MB prices are off.
In the 70s the NADA book continually showed you could buy a 3-5 year
old 220 or 240D for under $2000. I kept thelling the insurance
adjusters to go out and buy all those cars they could find and I
would sell them for $4000. Nobody ever produced a $2000 220D.
On Sun, Feb 21, 2010 at 4:29 PM, Allan Streib <str...@cs.indiana.edu> wrote:
Asking price and selling price are often quite different...
Of course.
Edmunds and
the like base their prices on actual title transfers.
So they claim. I still think the numbers Mitch gave are off by a
factor of two at least. There have been many other examples of the
blue books getting it wrong on special-interest cars.
If I'm wrong, then I want in on some of that $5,000 E320 Cab action.
I'll buy three or four, stuff them in a warehouse, then be sitting
pretty in about 20 years when they are worth $50,000 apiece. ;)
Alex
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