this is exactly what I am planning to do this winter. I am getting a rust free 300SD (116 body) and plan to use alll the parts from my (previously VERY nice) 300SD that was hit by an idiot.

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1982 300SD (214 k, excellent shape) kidmobile running mostly biodiesel, gets 31 mpg hwy with 2.82 rear from a euro 500SEL



1976 115 body 240D 4-speed (traded for Jeep parts) - Engine lives on in my CJ7