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In October, I bought an 85 380SL with ~96K mi, in fundamentally good shape but with bad paint and a horrible noise from the engine for $4200, without the hard top. This may seem like "too much", but the car seemed to have been maintained very well (until the noise, which apparently caused the owner to dump it). The pluses that made me buy it w/o much negotiation were a set of Dayton wire wheels (which I had originally intended to sell) and a very new top that was put on by a real pro. The engine noise turned out to be a cam and cam followers, caused by bad oil tube fittings (popped off).
If you can fix a lot of things on these cars yourself and shop well, they can be very inexpensive to own and maintain.
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