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From $60,000 new to $600 today, that's almost 100% depreciation
Probably no time for a prepurchase inspection  Even if you had to dump $2000-$3000 to fix it up.
It is the 420SEL, long wheelbase model.
For $600 it would be worth the trouble, as long as it had a good title and could pass emissions and didn't have terminal rust.. If it didn't work out you could probably get at least that much for it by reselling it.
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 1991 560 SEC AMG, 199k <---- 300 hp 10:1 ECE euro HV ...
1995 E 420, 170k "The Red Plum" (sold)
2015 BMW 535i xdrive awd Stage 1 DINAN, 6k, <----364 hp
1967 Mercury Cougar, 49k
2013 Jaguar XF, 20k <----340 hp Supercharged, All Wheel Drive  (sold)
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