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I'd try and offer him $700 take it or leave it. Reason being it will be $300 for a basic tune up and all standard oil changes etc done. (assuming you do it yourself).
SRS light could be indication of OVP -- which could be your problems solved!
What year is your 300E? If it is early, you could bring your OVP with you and plug it in -- 2 mins tops and see if the SRS light goes away along with a better idle.
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2016 Monsoon Gray Audi Allroad - 21k
2008 Black Mercedes E350 4Matic Sport - 131k
2014 Jeep Wranger Unlimited Sahara - 62k
2003 Gray Mercedes ML350 - 122k
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