I own a 93 300te 4matic, with 122k. I am in to it nearly $10k at this point including purchase. I think $15k is too high, but 10-12 wouldn't be crazy if that is exactly the car you are looking for. Keep in ming that you are buying a 20 year old car, regardless of how nice it is. ( and that one looks NICE).

If I would have saw that car a year ago when I was looking, I likely would have offered 8 thousand and gone from there. I ended up buying mine for $2500, and putting the balance in to it to get it back to "like new" status. Bear in mind I spent a grand just on the stereo.

I don't know much about the m104 engine, but everybody says it is a great runner, with much more power than its predecessor the m103. (my engine).

Body wise, the rear windows tend to leak, and leak on the amp. if the radio does not sound perfect, then likely the car needs the radio upgraded (or fixed), and he rear gaskets replaced as well.

Bottom line, take the car to a real professional, and have the car looked at. The suspension is expensive to renew, but make THE difference when driving. Look for any rust on brake lines, hydraulic lines (if applicable), as those are pretty expensive too.

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Eugene

10 E63 AMG
93 300te 4matic
07 BMW X3
14 Ford F-150 Fx2