RE: Mercedes SL55 AMG (R230) | The Brave Pill
RE: Mercedes SL55 AMG (R230) | The Brave Pill
Saturday 17th September 2022

Mercedes SL55 AMG (R230) | The Brave Pill

Time to buy the right car at the wrong time?


In the days when automotive journalism was exclusively printed on dead trees you didn’t need to see the date on a cover to know that spring was in the air. Early April would bring an inevitable crop of ‘is it time to buy a roadster?’ features, their drivers wearing both shirt sleeves and frozen grins on the cover shot - the photoshoot had inevitably taken place in the depths of winter

Even the most optimistic weather-watcher is unlikely to see this as an obvious time to buy a summer-friendly toy with a folding roof. Which is exactly why this might be the moment given the pendulum swing of supply and demand on such things. So meet this week’s exceptionally brave offering: an R230 Mercedes SL55 AMG.

While regular readers may feel that Pill has already featured an example of this high watermark of tempting peril, Enzo the hamster emerges from the database clutching punch cards to assure us that this is actually the first example. We have previously Pill’d the SL500, SL600 and SL65 AMG, so this one is completing the set. But while our previous R230s have been tempting, none has managed to look as tidy as this one, while being offered with an enticing £12,995 asking price.

That’s right – just 13 grand for this with enough change left over for half a shandy in a London pub. While the values of other sports cars from the nineties and noughties are rising, and some are soaring, the R230 continues to bump along the bottom of what is turning into a decade-long plateau. They also often take a long time to sell, even with bargain pricing: this is clearly a club that not many people are anxious to get into.

On a dull, rational level, that’s entirely understandable. Even a lovingly cherished SL 55 AMG is always likely to turn into a financial minefield, with one misstep potentially landing you with a bill worth a substantial percentage of the car’s value. The ‘55 frequently went expensively wrong when it was new and covered by a warranty, but now the most recent examples of the R230 are at least 11 years old so the risk has grown exponentially. Let’s be honest here, any SL 55 AMG is going to have issues, and very few of those problems are going to be cheap to fix.

I was once commissioned to write a buyer’s guide for the SL 55 AMG and approached a well-regarded specialist to give some advice. When asked what goes wrong with them he sucked his teeth and responded “it would probably be easier to list what doesn’t.” The good news is that the engine is reckoned to be one of the toughest components, with the 476hp 5.5-litre supercharged V8 a sturdy thing if well looked after. With bodywork substantially made out of aluminium they don’t seem to rust either – which removes another frequent killer of old Mercs from the list of concerns. But the electrical and electronic systems more than reset the balance of peril, from the folding hardtop to the many bork-prone control boxes that manage the R230’s long list of complicated and expensive systems. 

The most feared of these are the ABC Active Body Control and SBC Sensotronic Braking System, both famed for causing frequently terrifying bills when they check out. But there are plenty of other things to go wrong, too – and getting a neglected SL55 AMG back into order is going to be a slow, frustrating and undoubtedly very pricey process.

Yet there is plenty to like about our Pill beyond its enticing price. It’s an early car finished in a jazzy shade of purplish blue, this contrasting quite nicely with a buttoned-down grey interior. The dealer selling it uses the word ‘stunning’ in the advert, which I’d normally put down to the hyperbole common to wanting to unload things, but it really does look good in the pictures. You could buy this car for the full asking, slap an ageless registration on it and I reckon that at least 90 per cent of people would reckon it was at least twice as expensive as it was. 

Our Pill’s 88,000 miles certainly aren’t scary for a car entering its third decade, nor is the MOT history. Granted, there have been some bad years, with a couple of failures that were seemingly caused by electrical issues of various sorts. (No duchesses have swooned at this revelation.) The most recent of these was an SRS failure light indicating an airbag fault in March this year, although the SL got a clean pass the following week. Further back, in 2018 there were some intermittent lights and an “exposed starter battery positive connector”. But pretty much everything else is the sort of tyres, brakes and suspension component advisories that I’d be more surprised not to see on the list.

More concern is, potentially, likely to be caused by the spec panel’s revelation that this SL has managed to clock up eight former keepers. Again, not an outrageous figure when divided by the number of years it has been around for. But still one that suggests some of its owners might've been trying to move it on as soon as possible. Back to the positives, the advert promises nine services with the last three all carried out by Merc main dealers. The presence of what is claimed to be a matching set of brand new Pirelli P-Zero tyres is also a big tick; this definitely isn’t the sort of car you want to find rocking a set of Ditchfinder Supremes. 

While this likely isn’t peak SL-buying season, the R230’s folding hardtop makes it an almost-coupe during the cold months, and using the clip-in air deflector actually makes it pretty snug top down even when it’s cold. It’s not like the massive engine is ever going to be short of the ability to make heat. Yes, it is a relatively cheap car with what will certainly be disproportionate running costs. But it’s hard to imagine it’s going to be worth much less going forwards; the total cost of ownership for a half-decent SL 55 should still be less than funding the depreciation on something newer.

Or you could buy an SL65 AMG now, run it during the winter and then sell it to somebody looking for brave and brawny roadster thrills in six months’ time. 


See the full ad here

Author
Discussion

mikEsprit

Original Poster:

847 posts

202 months

Saturday 17th September 2022
quotequote all
A quick Google says Europe got these in 2002 while the USA got them in 2003. I thought the 2002 year in the ad might have been a mistake.

Great color. Coincidentally, the Maserati article mentioned the new Mercedes SL being a looker. I looked them up and think the car in this article looks much nicer. I also noticed that the new SL55 has over 20 fewer hp. There can't be too many cars today where the new models have less horsepower than the 20 year-old ones.

Joeogilvie

11 posts

42 months

Saturday 17th September 2022
quotequote all
Article states “body made substantially out of aluminium” . Think that’s a confusion with the 2012+ R231, which was made substantially out of aluminium - still a lot of car for the money though.

Chubbyross

4,724 posts

101 months

Saturday 17th September 2022
quotequote all
For me this is one of the all time greats with one of the best sounding engines there is. I’ve driven one quite a few times and firing the thing up always raises a smile. If I were to buy one I’d probably go for a slightly higher priced car with fewer miles to lessen the risk but overall this is a brave pill I’d be happy to swallow. Of course you’d need a decent borkage fund always on standby but what a car for the money.

lrdisco

1,621 posts

103 months

Saturday 17th September 2022
quotequote all
I always liked the facelift model. Could never get along with the quad head lights.
The interior dates it hugely.

Kipsrs

587 posts

65 months

Saturday 17th September 2022
quotequote all
My sister had a couple of these, I remember them as being lovely cars to drive, awesome sounding engine, oodles of power and so comfortable. . . . all in a straight line! She used to get through rear tyres like Tiff Needell!

richinlondon

729 posts

138 months

Saturday 17th September 2022
quotequote all
The brave pill could be ‘list of cars that I want to own’, not sure what’s wrong with me…

Was thinking of one of these of xxr of similar vintage next year, might do some more research 😎

swisstoni

20,049 posts

295 months

Saturday 17th September 2022
quotequote all
You’d have to be nuts to buy one of those.


Here’s mine


cerb4.5lee

37,662 posts

196 months

Saturday 17th September 2022
quotequote all
I've always liked these and I really like the colour of this one. What an engine! cloud9

I went out roof down yesterday expecting it to be fairly warm with the blue skies, but the wind had a definite bitterness to it though. So it was heated seat on and the heater on warm for sure. The nice weather is definitely turning now.

Chubbyross

4,724 posts

101 months

Saturday 17th September 2022
quotequote all
swisstoni said:
You’d have to be nuts to buy one of those.


Here’s mine

clap

Walter Sobchak

5,732 posts

240 months

Saturday 17th September 2022
quotequote all
I had one nearly a decade ago now and paid about £15k for it then!.
Great cars and a fantastic engine but there is so much potential for big hills, the suspension alone is £1k a corner if memory serves, worth it though, if you go into it with your eyes open.

lrdisco

1,621 posts

103 months

Saturday 17th September 2022
quotequote all
Looking again these are about the same running costs as a Bentley Conti. Ruinous. smile

RobertQ

11 posts

80 months

Saturday 17th September 2022
quotequote all
I’ve just bought a similarly priced SL55 to this. Perhaps the ultimate brave pill? Mine has a few issues that I’m slowly working my way through.

I think if you are even basically mechanically minded and stay well clear of main dealers these are cars you can work on yourself and save packets. And the forums/YT community is vast on these. Someone, somewhere has likely had the problem you are having with your R230

Most of the massive ££ horror stories have been worked out by the community now. For example you can get O ring kits online to rebuild suspension valve blocks for less than £100. 10 years ago no one had this knowledge and it was many hundreds, if not thousands.

People are even stripping pumps and replacing fragile impellers rather than buy whole units. The refurb market is strong as well

The point being that it is possible to keep these on the road without total financial ruin.

And what a car for the money. GT coupe and roadster in one. Fantastic noise and character. We owe it to the next generation to get out and drive the wheels of these now




Matt p

1,090 posts

224 months

Saturday 17th September 2022
quotequote all
My oh my, these have aged very well. I’d be happy buying one. The blue suits it really well.

ballans

869 posts

121 months

Saturday 17th September 2022
quotequote all
RobertQ said:
I’ve just bought a similarly priced SL55 to this. Perhaps the ultimate brave pill? Mine has a few issues that I’m slowly working my way through.

I think if you are even basically mechanically minded and stay well clear of main dealers these are cars you can work on yourself and save packets. And the forums/YT community is vast on these. Someone, somewhere has likely had the problem you are having with your R230

Most of the massive ££ horror stories have been worked out by the community now. For example you can get O ring kits online to rebuild suspension valve blocks for less than £100. 10 years ago no one had this knowledge and it was many hundreds, if not thousands.

People are even stripping pumps and replacing fragile impellers rather than buy whole units. The refurb market is strong as well

The point being that it is possible to keep these on the road without total financial ruin.

And what a car for the money. GT coupe and roadster in one. Fantastic noise and character. We owe it to the next generation to get out and drive the wheels of these now

That’s good to know. I often see these advertised at very enticing prices but the fear snaps me back to my senses.
Maybe they aren’t quite as scary as perceived.
This is a lovely looking example. Great colour but old man beige interior would be even better.


Edited by ballans on Saturday 17th September 09:49

sanguinary

1,460 posts

227 months

Saturday 17th September 2022
quotequote all
I’ve always fancied one of these. They’ve aged really well. I used to own a CL500 of a similar vintage and didn’t have to spend a penny on repairs.

Question is, will I be that lucky a second time around…

AC43

12,741 posts

224 months

Saturday 17th September 2022
quotequote all
swisstoni said:
You’d have to be nuts to buy one of those.


Here’s mine

Oh God stop it! Every time I see an SL55 on those rims with a pano I get irrationally interested. Luckily for me (and my pension fund) I haven't got anywhere to dry store one.

Earlier this year, my mate got perilously close to building a car storage unit round the corner and at the same I met someone selling what looked liked a minty one. I persuaded my wife that the markets were bound to tank soon so a 55 was an "investment". Then the storage unit plans fell through and that was.

It's still my ultimate bucket list car. Just an amazing bit of kit.

whp1983

1,261 posts

155 months

Saturday 17th September 2022
quotequote all
Lots of want for these- always tempted to get one as a Sunday car and when it goes bang just put glass walls round it and look at it….. such an elegant shape.

Has anyone got positive ownership story on these, to give me some hope!

Venisonpie

4,125 posts

98 months

Saturday 17th September 2022
quotequote all
swisstoni said:
You’d have to be nuts to buy one of those.


Here’s mine

Superb, pano roof really makes them.

someoneelse

98 posts

198 months

Saturday 17th September 2022
quotequote all
Great pill and there’s definitely money to be made (although not tonnes) in buying at the “wrong” time of year and negotiating hard on the price.

Intriguingly the SL55 doesn’t seem to be any more bork prone than an SL500 - the key risk areas like Active Body Control and Sensotronic brakes being common to both.

DodgyGeezer

44,319 posts

206 months

Saturday 17th September 2022
quotequote all
really like this model - just love the quad lights. I will admit though that the borkage factor (even allowing for it no longer being ruinous) would probably dissuade me frown