Mint '89 300CE: Should I buy?

[stevehecht]

hi folks,

I'd really appreciate your input on this. FYI, this is the first CE I have looked at. It truly is a beautiful car to behold even if it's in a sub-optimal color for me (I think it's Champagne or something, it's like a dark beige).

Facts of the matter:

PROS
--116K miles
--exterior and interior virtually flawless
--driven as an 'executive car'; two owners, both CEOs in my town who drove the car occasionally on business trips
--has service records for at least the past two years, possibly for fifteen (will at least be able to speak with first owner)
--owned and serviced in my town for ~5 years by a well-respected shop; always kept garaged.
--all electricals work
--steering neutral on highway
--engine, transmission sound clear and sharp
--no travel or shipping expenses to check it out
--asking price: $4250

CONS

--I had my heart set on black/grey exterior
--it's not a 24v, so it's down 40hp
--it's the very first CE I've seen in my life

Tell me if I'm wrong, but is this car is underpriced by ~$2K? I almost think I could get it repainted for that price, but I don't know. Your thoughts?