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That car is a e420 which is rated for 275hp out of a 4.2l v8, named the m119. The 300e has a 177hp 3.0l I6, named the m103. The AMG models are indeed faster. The m103, which your car has, is capable of immense power when turbo charged(check the stickys, 12v turbo thread). You can swap the tranny with a 190e 16v 5 speed.
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