I am looking at trading my wifes car for a 1992 400e with 58k miles on it. It is a one owner with all records. The dealer is asking $21k. Is this a fair price and is this a good car? I know they are hard to find. Any comments would be great! Thanks!

Joe,
That is a somewhat high, but not out of line price. You may want to have it professionally inspected at a competant indpendent or dealership. Have it checked for accident damage and a thorough mechanical inspection. (where are you located? we may be able to recommend a good place in your area) There are about 1/10th as many 400E's as there are 6-cyl's. (and 1/10th as many 500E's as there were 400E's)
BTW, you will probably be getting new tires or tires and wheels soon after getting the car so figure that into the equation. The OEM tires were a bit inadequate for the power and curb weight of the car. In any case the 400E's are an excellent car. If you have anymore questions or whatnot let us know.

Good Luck...Lee

The 400e is a great car! When having the car checked out, have them pay attention to the power steering system for leakage though. I have seen quite a few 400's with steering leaks, sometimes just the little hose from the resevoir to the pump,sometimes the pump itself, and I've seen a few leaky steering boxes too. I don't know why for sure,maybe because the exhaust heat from the manifold affects the box. Don't let it worry you ,just have it inspected thoroughly. As far as the 124 chassis goes, the 400e is really a great choice for a combination of a daily driver with good performance.