Here in the south, there's no shortage of minimally rusted cars- it's just that most in my price range are not roadworthy or are beyond repair. I've been looking for about two years now for a good car, I went out twice last summer with a friend (he and I planned on working on one together) to see a 300CD and a W126 300SD. The 300CD was pretty much perfect, it was Petrol Blue on Palomino and had W208 CLK wheels. However, the motor mounts were shot, the paint was severely oxidized and the interior was destroyed. My judgment saved the day and we walked. We drove 3.5 hours to see an Anthracite 300SD- the left rear quarter panel was entirely bondo, the interior was bad and it looked stolen (new ignition barrel and ruined wood). I've watched plenty go by, including a nice $500 240D that just needed a clutch- oh, to have a truck and trailer. The one that I'm kicking myself the most about though is an '82 Euro 230E, full service history, 157k miles, runner, good condition for $1100 OBO.

I've been watching Jive Turkey's W108 restoration, so I know I'm not alone, although not as fortunate with the space and funds. I can't wait to see it.

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Vehicles:
2004 BMW E46 330i 6-speed
Looking for a cheap and unique Mercedes to restore