I have a chance to get a 1992 140 body 500SEL with 65K miles, one owner (CARFAX), Texas owner, dealer serviced car with evaporator, pump seal recently replaced. Price is around $16K. Need advice on expected repair costs and future if big stuff already replaced.
BACKGROUND I noticed several older threads (Google search) indicating that 1992 was a terrible year for this car. Question arises: Does the car become stable after big items replaced?
GOALS I want a reasonably priced, fairly reliable work car for the long commute (40 miles). I do not mind some maintenance, and preventive maintenance, but do NOT want to spend $2K-3K or more a year on repair maintenance (unexpected, unplanned). Have been an Camry and Odyssey kind of family guy.
QUESTIONS:
- Were there cars pretty much uniformly bad, or were some OK after the evap and pump seals were replaced?
- After some of these types of things were replaced, they settle down into good cars, or did they requires constant repairs? IOW, if I look at service records and see that many items (ball joint fix for shimmy, evap, etc.) were done, can I expect it to be a good car, or can I expect to spend K or more for maintenance every year I own the car?
- Any other good advice or something I should know?
I really like the look and performance of the car, but if my pockets were THAT deep, I'd buy an new one and pay for the maintenance, too.