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1987 420SEL, bought for $2600 a year and half ago. Spent 1200 so far and almost done, runs great now. I did all the work myself, including timing chain, water pump, valve stem seals, ignition wires, rotor, cap, AC compressor leak, sunroof, windows regulator, seats, belstien shocks, tie rod ends, guide mount rod and list goes on. Funny thing is that now it is getting in top shape, but I have an itch to sell it and buy a diesel preferable a 1987 300SDL.
But at the end of the day it is well worth it.
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87 420 SEL
Looking for a nice mid 80's MB diesel. 
87 BMW 528e (Sold)
99 TOYOTA 4Runner
1989 Honda Accord (Sold)
1988 Honda Accord (Total)
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