I figured I'd share the story of the $400 400E here just for fun, and also to share some of the challenges and how I've dealt with them.
I ran across this car on Facebook Marketplace. It was listed for $900. It's a 92 400E. It was being sold by a title loan company in Post Falls Idaho. I live in Boise, which is about 400 miles south of Post Falls. I spoke with the seller and was told the car ran poorly and smoked, but that it did run and drive. I offered $400 based on that and they agreed. I figured worst case I could easily sell it on or part it out and get my money back and more.
www.500eboard.co
I own a diesel truck and a flat bed trailer, so I took off early the next morning and drove up and made the purchase. Title in hand, I turned around and headed back home to Boise.

The biggest issue with the car was the previous owner. The poor car had been so badly maintained, and "repaired" by someone who had no idea what he was doing, that it was in far worse shape than it would have been if he'd simply neglected to do anything. It had cheesy plastic tractor lights bolted to the front bumper, and a terrible aftermarket stereo system, installed by just cutting holes in door panels and running wires all over the car. The rear deck lid was misaligned and bent due to someone trying to break in to it using a pry bar. Similar damage was visible on the gas door.
At some point the original radiator fan and shroud were removed, and some kind of hokey aftermarket fan was suspended behind the radiator using plumber's tape.

I ran across this car on Facebook Marketplace. It was listed for $900. It's a 92 400E. It was being sold by a title loan company in Post Falls Idaho. I live in Boise, which is about 400 miles south of Post Falls. I spoke with the seller and was told the car ran poorly and smoked, but that it did run and drive. I offered $400 based on that and they agreed. I figured worst case I could easily sell it on or part it out and get my money back and more.

SOLD - 1992 400E parts car, Arctic White/Gray, 181kmi, $900 (Post Falls, ID / Spokane WA area) | 400E / E420 Cars for Sale
Anyone looking for a parts car for $900? VIN = WDBEA34EXNB683457 https://www.lastvin.com/vin/Pgkjo2NJ7YkK2Va4q Seller's description 1992 Mercedes 400E, 4.2 L, 8 cylinder. This vehicle runs rough, does need an ignition, starts with a screw driver. ***Unfortunately this is a repossession...
I own a diesel truck and a flat bed trailer, so I took off early the next morning and drove up and made the purchase. Title in hand, I turned around and headed back home to Boise.

The biggest issue with the car was the previous owner. The poor car had been so badly maintained, and "repaired" by someone who had no idea what he was doing, that it was in far worse shape than it would have been if he'd simply neglected to do anything. It had cheesy plastic tractor lights bolted to the front bumper, and a terrible aftermarket stereo system, installed by just cutting holes in door panels and running wires all over the car. The rear deck lid was misaligned and bent due to someone trying to break in to it using a pry bar. Similar damage was visible on the gas door.
At some point the original radiator fan and shroud were removed, and some kind of hokey aftermarket fan was suspended behind the radiator using plumber's tape.
