I've got an '89 260E with 120K miles on it. Car has been generally reliable except the time when the tranny went - had to be totally rebuilt, and it took the dealership 2 weeks! Now, it needs the following done:
- Oil leaking into No. 1 and 5 cylinders - valve job, plus mechanic recommends a complete head re & re.
- Radiator coolant leaking from somewhere (not hose) - probably a water pump leak
- Fuel injectors leaking gas into engine - mechanic recommends replacing all
- Probably need new catalytic converter - barely passed emissions test the last time.
- Time for another set of muffler/pipes
My mechanic says that after all the above work, the car should be good for another 10 years. Any advise on whether the car's worth keeping? Thanks in advance.