If its to send a kid thru college kind of money I always laugh and move on ,most likley its a kid that is in college and trying to sell the family hand me down vehicle to have a killer spring break.

I'm not saying it's worth $10K, but $1500? I mean, maybe. There isn't enough info in that one pic to tell. But if it's really only got 109K on the odometer, and it has really been garaged and well-maintained since 1983, and everything works, then I think $10k is a lot more realistic than $1.5k. Honestly, I think folks on this forum are so used to seeing sub-$1000 beaters that they can't even conceive of an example selling for many times more - but I guarantee people will pay good money for a clean W123.

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One thing to keep in mind is that it's a 240D. Just about the least-desirable model out of the W123 range unless you're just hard-up for slooooooow. If it were a 300D turbo, or maybe even a 300D N/A in showroom condition, we'd be on the same brainwave, but for a 240D, it would likely be a donor vehicle for a 617 transplant.

Keeping things in perspective, a 240D is never going to sell for big bucks unless just the right buyer comes along, which there aren't many of. They're always going to be destined for people using them as donor vehicles or fuel sippers by people who have more time than money (as in taking twice as long to reach their destination). This is part of what keeps their value down.

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Current stable:
1995 E320 157K (Nancy)
1983 500SL 125K (SLoL)

Gone but not forgotten:
1986 300SDL (RIP)
1991 350SD
1991 560SEL
1990 560SEL
1986 500SEL Euro (Rusted to nothing at 47K!)

Gone and wanting to forget:
1985 524TD 167K (TotalDumpster™) [Definitely NOT a Benz]

A few years back most people passed on the 240d automatics. Seems they sell easier today.

I guess or assume people should consider the intended use before buying a 240d anyways. I do not mind the manual transmission version. Yet still have no desire for doing a lot of long highway trips even with it.

I found mine to be a great car for local trips on secondary roads. Also acceleration for me is not an issue as the traffic volume locally is very low.

I still see them as a unique car in some ways. I really doubt any company will ever again produce a car like them.

This is what I use my 82 for. Local, short haul runs to work and town.
Maybe the odd 30 mile night out for dinner.
No long trips.
It is perfect pleasure for this type of driving.
BTW, it had 122k miles when I bought it 6 years ago for $1500.

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1981 240D 143k 4 spd manual -SOLD

2004 VW Jetta TDI 5 speed 300k -still driven daily