I'm considering it because the purchase price would be in the $2,100 to $2,300 range. (Current counter offer on the table is $2,300) I recently did the head gasket/valves on one of my E320's--I was satisfied with the machine shop I used and would use them again on this project. Parts for the 15% chance scenario would be just under $600. If I have to rebuild the right head I figured an additional $700 or so.

All that aside, the real reason I'm considering this is that I have a teenage son that I'm trying to keep in the garage instead of a lot of other places I'd rather he not be.......I'll buy the parts if he wrenches it together. If he gets it running and keeps it that way I'll turn the title over to him when he graduates from High School.

I'd ask my wife if I'm nuts to consider this but it was partly her idea. What do you all think?