I looked at both 190e and 300e before buying my 1993 190e 2.3. They are essentially the same car except for interior room. If you don't need the back seat every day, get the 190e. If the 230e (4 cyl w124) was available in the US i might consider the W124. But 190e 2.3 with megasquirt gets amazing fuel economy and is extremely comfortable. Best of both worlds plus I don't have to deal with the stink, clatter and snail like performance of a diesel. I was going to swap in a 5 speed manual I bought I while back but the automatic hasn't given me any trouble so far. I'll save 5 speed just in case the right E320 with a broken automatic comes along.
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Originally Posted by higher planes
Sadly, the bad fuel economy is the one thing I dislike about the 190E's, especially when the car exceeds 3K RPM
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With MS I'm doing 25 city and 32 highway on 87 octane in a 93 2.3 automatic. My all time best was 35mpg from the bay area to washington state and back.