1. Car Forklifted Onto Delivery Truck Because Auction Had No Key
2. Finally Sees Car and Damage In Person on Delivery Truck
3. Videos of S-Class Forklifted Off Delivery Truck And Slid Into Garage
4. Additional Rear-End Damage Photos
5. Cost Breakdown For Vehicle and Parts as of 3/12/16
6. Key Arrives! First Start Up.
7. First Test Drive, Warning Lights Abound
8. Fixed Electrical Issues(?), Replaced Battery and Alternator
9. New Woodgrain Steering Wheel Installed
I finally bought it Fellas!
It shows $18k in damages. Now I know you can get it done a lot cheaper but not $1k
I would have bought this one instead:
http://www.autotrader.com/cars-for-s...odelCode1=S550
It shows $18k in damages. Now I know you can get it done a lot cheaper but not $1k
I would have bought this one instead:
http://www.autotrader.com/cars-for-s...odelCode1=S550
I've seen hundreds of cars get "comraded" and have no issues obtaining insurence.
Last edited by mercedesbenzs55; Feb 26, 2016 at 04:40 PM.
It shows $18k in damages. Now I know you can get it done a lot cheaper but not $1k
I would have bought this one instead:
http://www.autotrader.com/cars-for-s...odelCode1=S550
Last edited by mercedesbenzs55; Feb 26, 2016 at 04:41 PM.
I hope it all works out for you, but you should be expecting the worst since you blindly purchased a wreck. If you make everything right for $10k, you'll probably be doing better than everybody here expects.
I guess you'll have to figure out what the number is where you just throw in the towel and sell the car for parts. If I were you, I'd pay to have a body shop tear the car down enough to see how much structural damage there is....and have a very good indie do a full diagnostics on the rest of the car. That way you probably won't spend the $1000 before knowing what you've gotten yourself into.
The Best of Mercedes & AMG
I've had one of my cars forklifted. It was a sad sight but fortunately didn't do any damage. The 'Cedes is quite heavier though, so it makes me a bit worried.
My best shot right now is to wait for the title to arrive by mail. If and when it arrives by Thursday I can order a replacement key. This way I may be able to drive it off the truck at my house vs. Picking it up at copart and letting it get the forklift.
Last edited by mercedesbenzs55; Feb 26, 2016 at 09:54 PM.
The vast majority of the cost of body work is HOURS (whereas for much mechanical work, parts are a much bigger factor) especially if you can be patient and scrounge parts on the cheap (which can take quite a long while).
Myself, in the last few years, I have bought an renovated 10 rental units. Every single "professional" told me it would cost $x per unit to renovate them. Every single professional was within 10% of each other on price.
Doing almost all the work myself (or with $10/hr pick up labor) I did all the work for around $x/3.
Yes, around about 33c on the dollar.
If they absolutely knew I couldn't get it done for less than $65k, I did it for $22k. If they quoted $40k, I got it done for around $13k. (And they were right, I couldnt GET IT done for less. But I could DO IT MYSELF for less, so long as I valued my time at $0).
How could that be possible? Well mostly because I treated it a hobby. True, a nasty dirty hobby with brutal hours... but still... after each one, I decided if I wanted to do another. And I also avoided buying anything that needed work I couldn't or wouldn't do myself. No roofing. No windows. No exterior siding or painting or scaffolding work. Minimal plumbing.
And when I'm doing the work myself on weekends and vacations, I don't much have to worry about charging enough to pay for the new contractor truck (used my old Ford minivan), the tools (I don't always buy they fanciest labor saving tools), the workers (ha) and their benefits (double ha), the commercial building and secretary and bookkeeper (reciepts in an envelope FTW), and the wife's expensive spending habits (if you keep her busy with a paint brush she has way less time to be finding stuff to buy).
So I cut out the fat, and pimped myself like a ($10/hr) ***** to get it done. lol
Net result, I now own all 10 units with cash, no debt, and am bringing in a 25% return on my cash. Yes, I basically worked two full time jobs for 4 years. But it was A) possible and B) worth it.
So YES it is POSSIBLE that he is able to do it for $1 (ok more like $3 thousand) assuming he picks up used parts and does all the work himself or with his friends. (Of course, it's also possible it will end up being a frankencar disaster if he does shoddy body work and slaps crap paint over it.)
And it doesn't even have to be mean the body shops are thieves at $10k (or $18k) for the same job. After all, they have bills to pay, kids to feed, workers to pay. Where he may not.
That said, it will definitely be interesting to see how this turns out. I know all the "professionals" were absolutely convinced I had no chance of doing what I did.
Last edited by nycphotography; Feb 27, 2016 at 02:50 AM.
But I'm a little older now, and I've had to bust my *** a few times over the years to squeeze my money back out from bad ideas. lol
And I might consider parting it out (full dismantle, photo documented, every part labelled and listed for sale separately), depending on what damage is revealed on tear down.
http://www.nairaland.com/1092975/ama...-s-class-crash
$1k or $10k, I'm interested in seeing the progress pics and the resulting BOM ;-)
The vast majority of the cost of body work is HOURS (whereas for much mechanical work, parts are a much bigger factor) especially if you can be patient and scrounge parts on the cheap (which can take quite a long while).
Myself, in the last few years, I have bought an renovated 10 rental units. Every single "professional" told me it would cost $x per unit to renovate the. Every single one of them.
Doing almost all the work myself (or with $10/hr pick up labor) I did all the work for around $x/3.
Yes, around about 33c on the dollar.
If they absolutely knew I couldn't get it done for less than $65k, I did it for $22k. If they quoted $40k, I got it done for around $13k. (And they were right, I couldnt GET IT done for less. But I could DO IT MYSELF for less, so long as I valued my time at $0).
How could that be possible? Well mostly because I treated it a hobby. True, a nasty dirty hobby with brutal hours... but still... after each one, I decided if I wanted to do another. And I also avoided buying anything that needed work I couldn't or wouldn't do myself. No roofing. No windows. No exterior siding or painting or scaffolding work. Minimal plumbing.
And when I'm doing the work myself on weekends and vacations, I don't much have to worry about charging enough to pay for the new contractor truck (used my old Ford minivan), the tools (I don't always buy they fanciest labor saving tools), the workers (ha) and their benefits (double ha), the commercial building and secretary and bookkeeper (reciepts in an envelope FTW), and the wife's expensive spending habits (if you keep her busy with a paint brush she has way less time to be finding stuff to buy).
So I cut out the fat, and pimped myself like a ($10/hr) ***** to get it done. lol
Net result, I now own all 10 units with cash, no debt, and am bringing in a 25% return on my cash. Yes, I basically worked two full time jobs for 4 years. But it was A) possible and B) worth it.
So YES it is POSSIBLE that he is able to do it for $1 (ok more like $3 thousand) assuming he picks up used parts and does all the work himself or with his friends. (Of course, it's also possible it will end up being a frankencar disaster if he does shoddy body work and slaps crap paint over it.)
And it doesn't even have to be mean the body shops are thieves at $10k (or $18k) for the same job. After all, they have bills to pay, kids to feed, workers to pay. Where he may not.
That said, it will definitely be interesting to see how this turns out. I know all the "professionals" were absolutely convinced I had no chance of doing what I did.
I think part of the reason for the criticism is that most folks on here are not used to our techniques. Hilarious as they are! I bought my car cash for a fraction of what most of you took out loans on, and for less than what most of you still owe. The title is in my name and I will have it in my hand next week. (Mike Drop)
I bought this car for myself and will make sure it is restored and maintained to my high standards.
Last edited by mercedesbenzs55; Feb 27, 2016 at 04:28 AM.
I think part of the reason for the criticism is that most folks on here are not used to our techniques. Hilarious as they are! I bought my car cash for a fraction of what most of you took out loans on, and for less than what most of you still owe. The title is in my name and I will have it in my hand next week. (Mike Drop)
I bought this car for myself and will make sure it is restored and maintained to my high standards.
That's not the case here at all. Benz55 has no experience in auto body repair (and doesn't claim to).
Our friend here looked at a picture of the exterior of the wreck and determined, as any lay person would, that the car mainly needed a bumper and tail lights. I've written thousands of estimates and followed thousands of hard hits through the repair process. I can tell you with absolute certainty that particular pattern of external damage is very common and recognizable to a trained eye and indicates significant underlying structural unibody damage.
If Benz55 was experienced in collision repair he'd have inspected the car...exposed the trunk floor, crawled underneath to look at the frame rails, tested to see if the rear doors still opened. He didn't.
Instead, he looked at a photo of a car the same way any lay person would and thought "that doesn't look too bad". Then he ordered some nice tail lamps.
I can assure you, from my perspective at least, this is not jealousy. I'd love to see Benz55 finally get his dream S Class. For me this is like watching a baby crawling on the shoulder of a busy interstate. I know how it's likely to end and I'm trying to prevent it.
Just as Dave first wrote that "You can Never make money on a salvaged car." Mike you are being extreme about a baby walking along a highway. You are that baby, because you have experience in estimating retail prices, not my prices. You are a person who has little/no auto body experience. Because you watched the process does not mean you know what you are doing. It's for this reason that you are being so hostile in your conclusion of costs.
540, there is no word on further damages yet.
Last edited by mercedesbenzs55; Feb 27, 2016 at 12:29 PM.
Obviously the way to shut me up would be to get the car into the shop, photograph and post the tear down and detail the repair process in the thread, and in the end drive off in a nice S Class for a bargain, proving the naysayers wrong in the process.
If you pull that off I will be the first to congratulate you. Seriously.
Obviously the way to shut me up would be to get the car into the shop, photograph and post the tear down and detail the repair process in the thread, and in the end drive off in a nice S Class for a bargain, proving the naysayers wrong in the process.
If you pull that off I will be the first to congratulate you. Seriously.
The 'Cedes is still being transported.
Mike, Whats happened to your car?
Last edited by mercedesbenzs55; Feb 27, 2016 at 03:17 PM.
I bought this car for myself and will make sure it is restored and maintained to my high standards.
But honestly, where you really lost me was when mentioned other people's car loans, and you not having a loan. You're making assumptions about other members, their motives, and their bank accounts that you know nothing about. I'd avoid that kind of conjecture if I were you because it makes you sound a bit immature. There are many people here who can be dicks, while others, like myself and Mike like to lighten the mood with some humor and sarcasm. If you haven't picked up on the humor and sarcasm yet, then you've got a lot to learn about this bunch.
FWIW, I paid cash for my 24k mile S600 and also paid cash for my warranty that covers me for 7 years. So far, the warranty has saved me over well over $10k in repairs (and that's on a car with a perfect body, perfect paint, perfect interior, and just 33k miles right now). So even though you might get the car damage repaired on the cheap (which would worry me about how much is actually being missed), the high costs won't stop, especially with your starting mileage and undocumented service history.











