Probably. You can get 5500 rpm out of these engines (for short periods), and they will run happily at 5000, so you won't run out of speed. Top speed is on the order of 117 mph, I think.

Peter

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1972 220D ?? miles
1988 300E 200,012
1987 300D Turbo killed 9/25/07, 275,000 miles
1985 Volvo 740 GLE Turobodiesel 218,000
1972 280 SE 4.5 165, 000 - It runs!