Last edit by: IB Nolan
Table of Contents "S55's Endless Build Thread"
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
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!
#2427
MBWorld Fanatic!
Thread Starter
Here are the 2013's he has narrowed his search down to.
https://www.salvagereseller.com/vehi...CA-LOS-ANGELES
https://images.copart.com/website/da...205786_01X.JPG
https://www.salvagereseller.com/vehi...CA-LOS-ANGELES
https://images.copart.com/website/da...205786_01X.JPG
Ha! First one is front damage, and is labeled as a biohazard. Not a good idea for a 'Cedes. On hot days it'll stink like the guy that died in it.
Copart link isn't working.
#2430
MBWorld Fanatic!
Thread Starter
Wife and I took Mikes advice and bought a house before a luxury car. Figured instead of pulling a Dave, we would do it right. So I sold the car to get the house. Portland is insane for house at the moment. It is only going up. We have been repairing our credit for a year now and its good enough for an FHA loan. We would like to get a conventional one, but they are asking 20%-30%., which we don't have.
#2431
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Join Date: Nov 2014
Location: Land of Political Criminals and Urban Shootings
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2015 S550
Wife and I took Mikes advice and bought a house before a luxury car. Figured instead of pulling a Dave, we would do it right. So I sold the car to get the house. Portland is insane for house at the moment. It is only going up. We have been repairing our credit for a year now and its good enough for an FHA loan. We would like to get a conventional one, but they are asking 20%-30%., which we don't have.
#2432
MBWorld Fanatic!
Originally Posted by mercedesbenzs55
How are you Mike? You always put a smile on my face 😊
I still have car insurence! It's about to go down when it hits the 6 month mark in October!
I still have car insurence! It's about to go down when it hits the 6 month mark in October!
The following users liked this post:
mercedesbenzs55 (09-29-2016)
#2435
MBWorld Fanatic!
Originally Posted by The Thomas J
What are your impressions of the Lincoln?
#2437
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Join Date: Nov 2014
Location: Land of Political Criminals and Urban Shootings
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2015 S550
I know that he's looking to sell his wrecked parts () that would be better served in the bottom of a landfill, but I don't think that he's ever given any confirmation that he actually sold his "Cedes".
#2439
MBWorld Fanatic!
Thread Starter
Precisely
I sold it to some Italian guy trying to fulfill his dream of self grandeur.
I explained everything to him in full. He had the cash, and we did the paperwork. I bet it's still running strong.
#2440
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Join Date: Nov 2014
Location: Land of Political Criminals and Urban Shootings
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2015 S550
You made the right choice to dump that thing.
#2442
Senior Member
If you think a used MB is an expensive proposition, wait until you see what the operating costs look like on a house! Insurance, property taxes and maintenance can eat you alive and in some areas are higher than rent alone, not to mention mortgage payments.
#2444
Super Member
Join Date: Jun 2013
Location: Staten Island, NY
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2011 GL 550, 2010 MB S550, 2004 BMW 645Cic 1988 Corvette
Why didn't u sell it with the fridge?
Last edited by The Thomas J; 10-05-2016 at 08:37 PM.
#2446
MBWorld Fanatic!
Thread Starter
I paid the debts, getting the house(with homeowners insurance :P ), fully funding immediate retirement accounts, Then i'll look a That beautiful 2013 W221 w/ fridge.
I was going to put the fridge on Ebay, but my wife wont let me get rid of it. She insists I keep it and install it into the 2013 S600/S63/S65 she wants me to buy next, and its Not going to be black. Thanks to Dave, every time I see a Black S it reminds me of the Taxis in London.
But I am still selling the trunk, steering wheel. I'm putting them on craigslist and ebay today.
With our poor credit, we got a 3.25% interest rate! Closing date is 11/7.
I'd like to thank everyone who told it like it is, and shared their own downfalls in their lives to give good advice and examples.
Its because of everyone here that I now have car insurance, about to get the first house of beyond my dreams, and have an even deeper love for Mercedes. Im so glad this all happened, and I am able to share it with like-minded car lovers.
Here is the house. It has a rain collection irrigation system on the side of the house, aswell as a new stove installed in 2009. House was built in 1999. One owner, no Salvage.
Last edited by mercedesbenzs55; 10-08-2016 at 12:25 PM.
#2447
Super Member
Join Date: Jun 2013
Location: Staten Island, NY
Posts: 777
Received 65 Likes
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2011 GL 550, 2010 MB S550, 2004 BMW 645Cic 1988 Corvette
Very nice looking home. Lot's of potential.Nice size yard. Good luck.
It amazes me how different parts of the country have different credit criteria. 3.25% rate in the NYC tri-state area is what you would be offered with excellent credit for 15 year fixed
30 year fixed would be from 3.95% to 4.35% with excellent credit.
Excellent credit would be 720 or better out here. I suspect it's the same country wide.
How much does a house like that go for in your area and how much did you have to put down?
It amazes me how different parts of the country have different credit criteria. 3.25% rate in the NYC tri-state area is what you would be offered with excellent credit for 15 year fixed
30 year fixed would be from 3.95% to 4.35% with excellent credit.
Excellent credit would be 720 or better out here. I suspect it's the same country wide.
How much does a house like that go for in your area and how much did you have to put down?
Last edited by The Thomas J; 10-08-2016 at 01:01 PM.
#2448
MBWorld Fanatic!
Thread Starter
Very nice looking home. Lot's of potential.Nice size yard. Good luck.
It amazes me how different parts of the country have different credit criteria. 3.25% rate in the NYC tri-state area is what you would be offered with excellent credit for 15 year fixed
30 year fixed would be from 3.95% to 4.35% with excellent credit.
Excellent credit would be 720 or better out here. I suspect it's the same country wide.
How much does a house like that go for in your area and how much did you have to put down?
It amazes me how different parts of the country have different credit criteria. 3.25% rate in the NYC tri-state area is what you would be offered with excellent credit for 15 year fixed
30 year fixed would be from 3.95% to 4.35% with excellent credit.
Excellent credit would be 720 or better out here. I suspect it's the same country wide.
How much does a house like that go for in your area and how much did you have to put down?
#2450
MBWorld Fanatic!
Thread Starter
640s with 3.5% down on a 30 year FHA. House price is 333k with seller paying all closing costs. There must be other criteria in play.
Currently infusing 10%/paycheck into my 401A and 4% into my 401B. Wife is putting 8% into 401A - Our Employer matches 3% + $50.
We are both opening Roth IRAs after tax season. but will only be able to fill them to 50%($2250)/year.
Last edited by mercedesbenzs55; 10-08-2016 at 03:06 PM.