Thinking about buying flood damaged s55
Thread Starter
Newbie
Joined: Oct 2007
Posts: 1
Likes: 0
S55
Thinking about buying flood damaged s55
Hey guys,
I'm thinking about purchasing a flood damaged S55. The water (fresh) was a few inches over the floorboard and came into the passenger cabin. It seems the TelAid module is damaged (TeleAid Dash Error) along with the oxygen sensors (Check Engine). All other funtions work properly (Inluding all electronics) and other than the mentioned issues the car looks, drives and feels like a new car. It's an 05 with about 25K miles and I'm looking at about 39K. I know it's a gamble, do you think the risk is worth the reward (39K S55)? How much of a discount do flood damaged cars typically get off retail?
Opinions please - Thanks, Alex
I'm thinking about purchasing a flood damaged S55. The water (fresh) was a few inches over the floorboard and came into the passenger cabin. It seems the TelAid module is damaged (TeleAid Dash Error) along with the oxygen sensors (Check Engine). All other funtions work properly (Inluding all electronics) and other than the mentioned issues the car looks, drives and feels like a new car. It's an 05 with about 25K miles and I'm looking at about 39K. I know it's a gamble, do you think the risk is worth the reward (39K S55)? How much of a discount do flood damaged cars typically get off retail?
Opinions please - Thanks, Alex
Last edited by alex540m; Oct 23, 2007 at 06:04 PM.
MBWorld Fanatic!
Joined: Jan 2005
Posts: 1,838
Likes: 7
G55, SLS, smart eq
Hey guys,
I'm thinking about purchasing a flood damaged S55. The water (fresh) was a few inches over the floorboard and came into the passenger cabin. It seems the TelAid module is damaged (TeleAid Dash Error) along with the oxygen sensors (Check Engine). All other funtions work properly (Inluding all electronics) and other than the mentioned issues the car looks, drives and feels like a new car. It's an 05 with about 25K miles and I'm looking at about 39K. I know it's a gamble, do you think the risk is worth the reward (39K S55)? How much of a discount do flood damaged cars typically get off retail?
I'm thinking about purchasing a flood damaged S55. The water (fresh) was a few inches over the floorboard and came into the passenger cabin. It seems the TelAid module is damaged (TeleAid Dash Error) along with the oxygen sensors (Check Engine). All other funtions work properly (Inluding all electronics) and other than the mentioned issues the car looks, drives and feels like a new car. It's an 05 with about 25K miles and I'm looking at about 39K. I know it's a gamble, do you think the risk is worth the reward (39K S55)? How much of a discount do flood damaged cars typically get off retail?
My advise would be: Look for something else to spend your 39K.
Member
Joined: Sep 2007
Posts: 230
Likes: 0
2004 S55 AMG
Personally, no way in holy hell would I consider a flood damaged vehicle, especially with the potential for future problems and the extraordinary cost associated with repairing it. If it's a salvage title that's even worse and if the factory/standard warranty is voided it may not even be eligible for an aftermarket warranty. The salvage title will affect it's insurability, which would be seriously compromised as far as physical damage coverages are concerned, especially in the event of a total loss, if your insurance company would even write a policy for it to begin with. I'd be more careful considering that car than I would on a hot date with Pam Anderson...and no condoms!
Super Member
Joined: Dec 2002
Posts: 740
Likes: 0
From: Charlotte, NC
No longer car shopping...
Don't do it!
Hey guys,
I'm thinking about purchasing a flood damaged S55. The water (fresh) was a few inches over the floorboard and came into the passenger cabin. It seems the TelAid module is damaged (TeleAid Dash Error) along with the oxygen sensors (Check Engine). All other funtions work properly (Inluding all electronics) and other than the mentioned issues the car looks, drives and feels like a new car. It's an 05 with about 25K miles and I'm looking at about 39K. I know it's a gamble, do you think the risk is worth the reward (39K S55)? How much of a discount do flood damaged cars typically get off retail?
Opinions please - Thanks, Alex
I'm thinking about purchasing a flood damaged S55. The water (fresh) was a few inches over the floorboard and came into the passenger cabin. It seems the TelAid module is damaged (TeleAid Dash Error) along with the oxygen sensors (Check Engine). All other funtions work properly (Inluding all electronics) and other than the mentioned issues the car looks, drives and feels like a new car. It's an 05 with about 25K miles and I'm looking at about 39K. I know it's a gamble, do you think the risk is worth the reward (39K S55)? How much of a discount do flood damaged cars typically get off retail?
Opinions please - Thanks, Alex
Heck, I've even got a line on a Government seized 2003 745iL with 28K miles and a 100K warranty (like all 2003 7-series) with the bidding starting @ $18K coming up shortly. I expect it to go for less than $30K and it doesn't have any salvage issues, only ownership paperwork to futz with).
Here is a high mileage one that is on eBay with no reserve. As long as this isn't "shil bid", you should see this go for around $35K and would not have the problems at a later resale time that the salvaged vehicle WILL have.
http://http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=220162398032&fromMakeT rack=true&ssPageName=VIP:watchlink:top:us
Last edited by ndabunka; Oct 23, 2007 at 06:36 PM.
Senior Member
Joined: Jun 2007
Posts: 325
Likes: 4
2016 s65 Coupe, 2024 GLE53C, 2020 S560
I would not touch a flood damaged car. The electrical system will start rotting from the inside out. There are plenty of deals out there to stay away from those kind of headaches.
Member
Joined: Sep 2007
Posts: 134
Likes: 0
From: Mid-Atlantic
'04 S600
I agree - DON'T DO IT! Along with the additional "gremlins" that WILL arise, insuring & reselling a Salvage Title is a PITA. I tried this once many years ago as a kid (bought a beater car that was flooded during Hurrican Agnes). Biggest mistake I ever made. Fortunately, I only paid $600 for the car (a fortune to a 17 year old at the time) - but a cheap Life Lesson......
Trending Topics
Super Member
Joined: Feb 2005
Posts: 614
Likes: 136
From: MD
S 63 Coupe, GLS 63
MB World Stories
The Best of Mercedes & AMG
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun
Verdad Gallardo
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren
Verdad Gallardo
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine
Verdad Gallardo
Flawlessly Restored Mercedes 190E Evo II Heads to Auction
Verdad Gallardo
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know
Verdad Gallardo
Mercedes EQS Gets A Major Update: Everything You Need to Know
Verdad Gallardo
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve
Verdad Gallardo
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping
Verdad Gallardo
