Jack D. said: I am asking myself if I should not put $5-$6,000. on my old 124 (rear crank oil leak, engine and transmission supports, front engine cover/valve cover gaskets, 2 rear shocks, paint job) and keep it for another 5 years.
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If you upgrade to a newer model you probably won't get a car that will be as realiable as the one you now drive. And you will probably pay more than $5K to upgrade. I would stick with the car you now have and spend the money on the improvements you listed.

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1986 560 SEL (159K miles)