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The question that needs to be going through your mind is two-fold:
1: How much work am I capable of doing to this car myself
and
2: Can I afford to resurrect and maintain it?
If the answer to #1 is very little and/or the answer to #2 is "no" or "maybe", then walk away. A car that's sat is going to require a lot of labor, TLC, and swearing to bring back to daily driver status. Money is also a factor, the old saying is "There is nothing more expensive than a cheap Mercedes".
If you're not a DIY person, run, don't walk away from an old car of ANY make/model. They all require maintenance and paying a shop to do everything will quickly clean out your wallet.
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Current stable:
1995 E320 157K (Nancy)
1983 500SL 125K (SLoL)
Gone but not forgotten:
1986 300SDL (RIP)
1991 350SD
1991 560SEL
1990 560SEL
1986 500SEL Euro (Rusted to nothing at 47K!)
Gone and wanting to forget:
1985 524TD 167K (TotalDumpster™) [Definitely NOT a Benz]
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