It has a salvage title or rebuilt title? Salvage title is a parts car, rebuilt title is a car that was damaged and has been deemed by an state official to be safe to put back on the roads. Rebuilt titles are theoritically worth 10-20% less than the normal going value of a similar car. It looks very nice in the pictures but any car with such a title should be inspected first hand before getting to involved.
I'd be wanting to see if that 300E has ever had the tranny rebuilt. I'm not real keen on those gassers either, while it still has more life left I don't think they are anywhere near as good as the diesels are. Typically quite a difference can be seen in the price between the gas and diesel versions with gas being much cheaper.
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