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Nov 21, 2009 08:00 AM
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Detroit, 2:04 AM
Wed Feb 10
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We've seen the LeMons depreciation record shattered, with the '89 BMW 750iL that reigned supreme in that category since its (brief) appearance at the The Lamest Day knocked off its pedestal!
That's right, it really is possible to obtain a great big Benz with a V12 engine, dent-free body, and cherry interior for 500 bucks. Now, some of you may be asking yourselves, "How in the hell could a car that sold new for $130,000 just over a decade ago possibly make it past the LeMons Supreme Court without getting issued so many penalty laps that the judges get carpal tunnel syndrome from writing so many zeros on the inspection sheet?"
We had a hard time believing it ourselves, but here's how it went down: the car was brought into the country by a Paraguayan diplomat (it still has diplomatic plates), and then some hazily-defined event took place that resulted in a drug-smuggling bust and the involvement of police personnel from several nations. After that, the car became permanently radioactive in the eyes of the DMV, with dealer after dealer attempting to wash it clean of its sins and register it for street use. No dice! Finally, all the optimism evaporated and the last dealer washed his hands of the car, selling it for a grand to... the same LeMons team that once ran a Jaguar XJ-S. They sold the driver's seat for 500 bucks, and that was that. The heater works, the roll cage was installed without trashing the beautiful wood-and-leather interior, and we bought the whole story. There's talk that one of the LeMons Perpetrators may get the Chief Perp to claim the car (as is his, and only his, right) so that he can drop the engine in a '27 Ford Tudor. The team members say they don't want to see this car ever again, once the race is done, so things might work out well for all concerned.
Send an email to Murilee Martin, the author of this post, at murilee@jalopnik.com.
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