New/Old G463

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bigblock
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 I found this very well restored 1993 G463 for sale on PistonHeads for £35k. The seller states he has invested over £45k in the restoration. 

Is it worth the asking price, any thoughts?

http://classifieds.pistonheads.com/classifieds/used-cars/mercedes-benz/g...

Pistonhead
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Re: New/Old G463

 I am sorry, I do not see it.  People insist in spending bags of money in restoring vehicles but that, price can never be realised back unless you are talking of an extremely rare model or extraordinary history to it.

Unless the engine has been upgraded to manufacturers standards, all you have is and expensive W463 with plastic surgery to it.

At £35k, I would rather buy a current model of that price than pay towards a restored version.

If I would go towards restoring a vehicle it would be for my benefit, use and vanity, I certainly would not sell it on.

Sorry for a harsh comment but they are my thoughts.  No, don't see it.

Regards,

prwales
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Re: New/Old G463

Its very hard to see where the £45k went unless that includes the original car and the number plate. £20k tops

Pistonhead
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Re: New/Old G463

ADDITION TO THREAD No: 1

Sorry forum, I can not seem to edit my thread.  To add, I was finishing off the thread by saying, if the latest bling is your thing, then by all means do view and consider this vehicle, it is a good example and you will not get one better.

Cheers,

bigblock
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Re: New/Old G463

 I think that this low mileage GES500 in right hand drive for the same money is probably a much better buy and almost certainly a better long term investment.

http://classifieds.pistonheads.com/classifieds/used-cars/mercedes-benz/g...

mark
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Re: New/Old G463

 Yes, V8 anyday

Pistonhead
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Re: New/Old G463

My very point.

 

IanA2
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Re: New/Old G463

 I think £20K's a bit on the generous side, nice enough, the V8 has to be the better deal by a country mile.

Spider1V
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Re: New/Old G463

 While immaculate, I think its a tad on the high side - as has been posted already you can pick up a 2001 V8 for that money. 

I would say 18-20K , if not wait a few years and sell to a collector??

Spider1V

IanA2
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Re: New/Old G463

 Does anyone know the seller of the V8? He's listed as trade but only has one car to sell and doesn't p/x. Odd.

hus55
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Re: New/Old G463

much nicer....!!

hus55
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Re: New/Old G463

how very well restored can only be said upon a proper close up inspection...

ok,it looks tidy, but if it was a well looked after example it should not have needed all that money spent for the restoration...surely??

17k max i reckon.

rgds hus

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Re: New/Old G463

 Hate to be picky, re the rebuilt 300GEL with its fancy registration, but isn't that plate illegal in that it is a UK Reg, albeit with incorrectly spaced lettering, but has a German designator on it? That and the price being asked... Hmmm! That guy has tickets on himself, as they say in Oz. Good luck to him getting a buyer....but, do y'know, he might. There is hope for my old bus yet!

fcp
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Re: New/Old G463

 Agreed, would have had to be done at standard MB labour rates to make 45K I reckon.

That said, I have just seen a rustbucket of a 230 up on the ramps at MB in Hindhead having the full factory plastic tank conversion *and* full MB OEM exhaust system replaced.. bill of £6.5K!! (I did ask them whether they pointed out the illogic of the expenditure to the owner - they did, he didn't care!).

Also, '£2,000' to do 'new style wing mirrors?!* I choked a bit on that... what did they do, wire it with platinum multicore?

As Rakesh says, unless restored to factory original concours condition, then anything else (even when uprated, improved, meticulously done and of a high standard) will only be worth what is is worth to someone who particularly wants it.

I don't understand why he didn't just buy a newer 'bling' model - its not as if he was improving anything that wasn't substantially cosmetic or wear-related in nature (of course he *should* have put a 606 in it ;-) )

derekfinn
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Re: New/Old G463

It does look good though - but I reckon stg17K to stg20k is about the mark and thats assuming 'very well restored' definition is real. I reckon the owner is costing in his own emotional investment into the rebuilt - but thats a value you don't get back in monetary terms. 

No doubt it will sell - but the massive asking price will put off the joe bloggs.

I see there is a 93 300GEL 'immaculate' on donedeal.ie for 20K euro - should go for maybe 15K / 16K euro.

Aero94
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Re: New/Old G463

 Ian, 

the car is mine (Spider mentioned it on another thread). The car is for sale via a friend of mine who runs a small independent dealership. I travel a lot with work and cannot stand the hassle of selling cars; therefore, for a fee, he does it for me. He can also add a warranty to the car and arrange finance, something I cannot do. As for part ex, I am sure he would do his best to place a trade-in but this isn't his remit.

As per my comments on the other thread, the G500 is only up for sale because I just bought a LWB G350 and as much as I'd love to keep both, I should be sensible.

garwell11
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Re: New/Old G463

 Hello

Well to put you all out of your misery,   the car is mine.  I have been on the GWOA for a few years and am fully aware of the cost of the cars and that mine seems disproportionately high.  I purchased the car as a nice....but used car for £12.5K  and yes the £45K does include that initial cost.  I am suprised that people have a difficult time seeing where the money went.  After all lets not be shy, we all know how much MB parts cost for these things.  as an example fitting Air con cost me £2400.  and the respray was £3600  so the list just went on and on and on.  As to why i didnt just buy a better one in the first place.  For a start 45K is slap bang in the middle of LHD territory and i just didnt want that.  Also when i was looking there was just no nice 500's about; remember the market is not always flooded.  also I didnt start out thinking i will spent that much  .. it just happened and over the period of 18 months...  you all know how it goes £500 here £100 there  it all soon adds up.

so as regards the price, i figure..... imagine you really want a brand new one but just have not got the money  then mine gets you into a very very tidy example that is mechanically sorted.  a v8 is a better car i am in no doubt of that but a 12 year old V8 will look tired next to mine cosmetiacally.  and does everyoune want to spend £800 on five door seals and window scrapers just to make some rubber look new??

I am aware from building cars may times that you never get back what you put in and that you will always make a massive loss but im not asking what the car cost me to build, and am sure that i will get knocked down.  but you have to start somewhere.

I am suprised as to how people can comment negatively on how well the job has been done when the only person to be actually bothered to come and see the car has been Rakesh, and that was before it was finished.  believe me i am particularly festidious and you wont find a better finished example.

You would all be suprised as to how many people have contacted me saying they are trying to do the same thing and make an old 463 look like a new one.  remember some people want all the bling  (i understand also that some people on here find this rediculous and love to get them muddy) but they just dont have the money. and when they get into it the costs are just astronomical.

So i guess thanks everyone for the positive comments about how i single handedly stripped and rebuilt one of the cars this forum is about and was bothered to do a proper job in restoring it.  but hey i guess the vultures here just love to pick at an undefended carcas.....

garwell11
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Re: New/Old G463

 Oh and by the way the before pictures of this car are here:

http://www.gwoa.co.uk/galleries/300-ge-l-w463/dscf5289jpg

in the gallery of the gwoa!!!!!

fcp
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Re: New/Old G463

A good reposte :-)  I have to say that I'd stand by my comments re. was it worth it given what you were trying to achieve but I entirely understand how you got there - if you used MB workshops to install the mirrors I can see why it cost 2K!

Good luck with the sale anyway.

peter perfect
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Re: New/Old G463

 so a fully rstored 460 at that garage that restores merc's is worth the same money as this ?  im confused....

IanA2
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Re: New/Old G463

 I entirely understand what you are saying, however, that is not how the market works in this country. Good luck with the sale anyway.

garwell11
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Re: New/Old G463

 Well you pays your money you takes your choice!

IanA2
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Re: New/Old G463

 Well that is precisely how markets are formed.

Spider1V
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Re: New/Old G463

Garwell11,

Very fair points raised and well put. I think you maybe on to something and wish you well with your sale and would be very interested in the types of response you have had to date - with the obvious exception of the comments here on the forum. :). I don’t think any of the comments here are un fair or unjust they are based on a lot of experience from both experience and those not as experienced (i.e me). Over the past few years I have had to deal with a number of people asking why the prices of G Wagens are so high, when compared with ‘other 4x4’s’ and some of the main reasons is because there are so few. (which is why the market is unique to G’s). It would have been nice if maybe you could have let us know first as we could have ‘bumped’ it up for you as we do have a lot of non members who do look here first and some of the comments could be seen as negative and gives you as a member a slight disadvantage – which is not what we are about.

As with any G that has come up over the recent years tends to get comments on what we see, feel and find -  however now and again one does come in that does go against the grain and I think yours could be one of them, It is obvious from the photos that a lot of time and effort has been spent making this ‘ as good as new’ and I again think that someone in the market would be getting a bargain considering the costs of new G’s.

However I do not think we have been vultures and picked any carcass to pieces. A member has seen an advert, and if you look back in the past posts you will see members have commented accordingly and it is this point and comment that has provoked my repost.

Gripe now over. Not meant in anyway to offend but point out a few things I feel have been left out of both sides of the argument.

Now on to business and see if we as a G Wagen ‘fan club’ can help in someway to get you the price you want..... From a personal point of view I think Pistonheads and eBay are not the right place for your G. I would recommend some of the following:

Classic Cars
http://www.classiccarsforsale.co.uk/search-classic-cars/advanced-search-...

Car and Classic
http://www.carandclassic.co.uk/car/C288257

I have been looking here and monitoring things, as you get a number of very well restored vehicles and they tend to go for the types of premium prices you are searching for and are more likely to achieve as you have exactly the people you are hunting for, Want an exceptional vehicle, lovingly restored by someone who knows what they are doing. Another market you may like to think of investigating would be the Japanese and South African market as a number of very good condition G’s do get exported.

Some other advice I would give is get it registered for congestion charge exception, you have the jump seats at the back and its a simple two – four week process to get it done. With both the LES and CC in London, that give you some plus points, also you may want to mention that as it is pre 2001 (Aug) it benefits from a lower tax. I would also say you have the rubber mats but leave them out of the photo, as it move in the buyers mind from a luxury vehicle to a work/agricultural vehicle. I would also suggest that you implicate the potential of the private plate, but would be separate to the negotiations.

I hope that the above information helps you get the price you want and if you need any more help and advice then post up and lets see what we can do!

Spider1V

By the way congratulations on the impending addition to the family

peter perfect
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Re: New/Old G463

 The trouble is with the G, being produced some 30 years..and the fact they are still being made, and there are very few good examples given only 4,000 were sold in the UK from 79 to 96. Glasses guide and insurance companies are at a loss as to what prices to reflect, so it seems its up to the owners and traders to predict a price they think is fair..opinions on a club forum are normally based on what they have paid in the past, what they can afford, and compared to some examples that have come and gone, so whist you will not get what you paid out, some would have said your mad, but its your money,  if you had no itention of selling it then im sure you would have owned it for many years to come..its a very nice example for sure..but if I had 35K to spend i would have waited for a 500, because in reality if you've got that sort of money to throw around your not going to worry about feeding it fuel...as the 300 and 500 have very little difference in the MPG, I think thats why people always go for the 500 option as value. 

cox.adrian
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Re: New/Old G463

    they have made aprox 4000 'Gs'a year since 79 in the last fue years
     it has gone up to 10,000 info from (alois schadler) executive manager magne steyer
     so sell now before the market is flooded just a tip

garwell11
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Re: New/Old G463

 Im Trying Im trying....:0)

The fact is all of these cars are wonderful machines, and the g maket really is a niche thing.  Imagine if you wanted a Range sport (not that i am comaring the two cars in any way) a quick look on the trader lists over 800 cars to choose from against about 20 g's.  i deliberately picked the £35k price as it seems this is where a nice 500 will sit, so it gives people something to think about.  whether i get that or not is another matter.  

Oh and by the way, this was a very steep learning curve, so if anyone needs any help with doing what i did then feel free to message me.  The interior was an interesting refurb that does not seem to get much mention on the forums.

My list of three most sworn at things that i did to the car would be: removing the starter motor, putting the front hubs back together with brand new seals all round, fitting the interior rear view mirror back on (was it really neccessary for MB to use springs of such force)

Oh and lastly to answer the question about the number plate ,,, yes it is illegal... its AUD 10G and I am an acoustic engineer by trade and my name is Giles so its not really for the car.  I just put the plates on to confuse the police (it seems to work)  i think they think its so rare that it is a german registered car.
g

prwales
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Re: New/Old G463

I will put my hand up and say that I don't like what you have done to the car, I don't like colour coded exterior trim, I don't like the alloys, and I don't like the interior. I have recently had my similarly aged GES retrimmed in grey leather but have attempted to mimic the factory leather as near as possible. That though is all a matter of taste and personal choice. Overall though and this is just an opinion, but I think you have spoiled a perfectly good car and spent a lot of hard earned money doing so. As with the other posts, I wish you well with the sale but would point you to the other threads on the forum about originality being where true value in older vehicles lies.

mortinson
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Re: New/Old G463

 This is one of those very rare times when I cannot but agree with you more prwales...

I think the G was nicer then...

... but then again I love old Gs.

garwell11
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Re: New/Old G463

 Yeah but the broken fog and headlight, kirbed alloys, knackered painwork, oil leaks from everywhere, hgf, interior that smelled like an ash tray, ripped seat and door card , rear springs on ipside down plus many other problems were just niggling.

mark
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Re: New/Old G463

 I think you did a great job.

bigblock
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Re: New/Old G463

 If I was going to completely restore my G then I would want to update it to the latest spec like Garwell has done. I actually think it is one of the nicest updates I have seen, although that is probably not surprising given the cost.

Because the 463 is still a current model I don't mind the idea of upgrading it to look similar to the newer model . What I don't like is a 460 blinged up and made to look like something it was never meant to be.

peter perfect
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Re: New/Old G463

 I agree...looks great...theres plenty of other std cars out there to pull one off over ! jezz give the guy a break..

hus55
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Re: New/Old G463

i must admit it looks the part !!!

i hope you get what you want for it, or close to it for that matter...

rgds hus

garwell11
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Re: New/Old G463

Just thought I would show you all a panoramic of the dash for reference...... its in brilliansilber like the outside, the eagle eyed of you may notice the leather steering wheel off an SL and even more points for spotting the new syle goodyear aero wiper blades.  The AMG pedal set was an alternation aswell.  The vents for the window were replaced as the bodyshop damage one and MB have changed the design so they both got done for the new style ones.  The centre console lower part was replaced as someone had dropped a cigarette on it and it bothered me.  Cigar lighter replaced as was most switchgear as the bulbs had gone.  new auto selector knob from MB and all new door handles and pockets on both sides as the old ones were not perfect.  Alcantara trimmed a pillar covers. new head light switch and surround as the text had worn. new ventilation selector panel as someone had drilled a hole (badly) for an old alarm.  the new alarm LED was mounted behind the dash in a spare lamp hole for a real OEM touch. You cant see it but there is an MB accessory net in the passenger kickwell like on the e-class.  it was an option on the G's.  I love it.....

gooch
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Re: New/Old G463

Nice G, change the Steering wheel though, it makes it look dated. ;)

peter perfect
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Re: New/Old G463

 you beat me to it..id change the steering wheel.

hus55
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Re: New/Old G463

lots of fine detail has gone into this G, but i think it will only be noticed by true enthusiast.

i have also done this type of resto in the past , but to sell , to keep. unfortunately you can never get the money back, it just helps speed up the sale of the G...

[i would have fitted a leather wheel from the non aribag version very late w124..i would have also gone piano black with the wooden trim and a pebble colour leather for the seats.]

rgds hus

gooch
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Re: New/Old G463

Now that sounds like a nice Combo!
The steering you mention is the one that looks likme an airbag version but isin't right? 93 version.

Piano finish:
 Do you think theres like a product that you could stick on that, like cut and stick -piano finish.

Or maybe a marble finish WRAP product that they wrap cars with?

hus55
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Re: New/Old G463

hi gooch.

i have a good friend in istanbul that recently refitted out hid ltd edition G500 [ the limited run dark aubergine colour] he fitted the seats from the GL,  YES THE GL....!and he refinished the wooden  trim in piano black. i have posted pics below .

i am sure that car paint in high gloss and laquer is the best option. fixwin knows of a guy in the uk that can do this..

rgds hus

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Re: New/Old G463

 Marble finish - are you serious? .. maybe some gold hubcaps and dooor buttons to match? :D:D

Spider1V
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Re: New/Old G463

 Huss,

If it was a genuine Ltd Edition, then IMHO he has ruined what could have been a very valuable truck. :(

Not really to my taste, but then again I am pickey..... LOL

Liked what you have done to your red cabro though - just short of one key ingredient......and you know what that is :)

Spider1V

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Re: New/Old G463

 I think the wooden wheels are nice. Personally I'd have gone for electric seats too.

hus55
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Re: New/Old G463

gggrrrrrrrrrr..............!!!!!

i want to use the beast spider, not buy shares in bp mate !

btw spider your right, the workmanship of the interior is very high ,  but i too would have kept it factory spec. [he even fitted 2003 onwards new style door cards !

rgds hus

hus55
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Re: New/Old G463

this is a pleasant interior, curtousy of the high workmanship standard found in turkey..

rgds hus

hus55
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Re: New/Old G463
prwales
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Re: New/Old G463

36,000 euro, wow! Makes the car on this thread reasonable.

mortinson
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Re: New/Old G463

 Yes, but then that's Turkey, where you pay a 100% import duty on all new cars... a new G63 AMG retails for over € 500.000!

hus55
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Re: New/Old G463

you took the words out of my mouth mortinson.

just check out the G's on the sahibinden.com

rgds hus

garwell11
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Re: New/Old G463

 The answer to the question how much is it worth is simple. £32 K sold today. I guess its time for us all to mod our 300 gel's and firm up the market!!

garwell11
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Re: New/Old G463

 The answer to the question how much is it worth is simple. £32 K sold today. I guess its time for us all to mod our 300 gel's and firm up the market!!