I know you are not talking about the white one at Kendall Toyota, the reason the price is so low is because it has major problems that they can't, or dont want to fix ( i know a tech that works there). I went there and looked at it myself. Whoever gets that car will have a good looking, bad running, poorly maintained E320. A 94 E320 wouldnt go for such a low price at Kendall Toyota, without a hidden major problem(s).
The Car:
http://www.autotrader.com/fyc/vdp.jsp?car_id=162071270&dealer_id=67517&car_year=1994&make=MB&distance=25&max_price=7000&model=E320&advcd_on=n&end_year=1995&min_price=&certified=n&address=33174&search_type=used&advanced=n&start_year=1984&color=&cardist=7