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Just wanted to throw my 2 cents in about the 500SEL's. Make sure the one you are looking at is NOT a Euro model. The Euro's had hydropneumatic suspension on ALL four corners. The hydrostruts if leaking are very expensive to replace (around $800 each). I had an independent quote me a price to replace all 4 hydrostruts and all 5 nitrogen spheres. Price = $2500. $2,000 for parts, $500 for labor.
The exhaust is expensive also. (I guess all MB exhaust's are expensive)
Anways, I guess like the guys have said-take a look at everything closely and get a PPI done beforehand. Whatever the odometer says doesnt mean diddly squat. MB odometers have always had problems. Who's to say that the odometer on the 500SEL wasn't working for years and then someone finally decided to get it fixed.
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Frank
84 500SEL EURO 101K ( JUST LIKE MY 1ST WIFE. GLAD TO GET RID OF HER! )
85 300D 310K (sold) 
90 350SDL 184K sold 
83 300D 118K (sold) 
88 300E 153k (sold) 
93 400E 105K (sold)
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