The W124 Mercedes-Benz chassis was the first Benz given the official E-Class badging and one of the finer examples of German engineering and build quality in existence. They were distributed around the world from 1984 though 1996 with a variety of inline4, inline5, inline6, and V8 engines -- and the one to get if you want to go fast is the 500E. Prices are high for the Porsche assembled hot rod version...but you can get a hillbilly 500E for cheap. Find this 1993 Mercedes-Benz 300E with Chevy V8 offered for $3,500 in Reading, MA via craigslist. Tip from Scott T.
This Vettecedes is offered for the price of a project, and the seller says it runs & drives -- and was on the road in CT, but doesn't have a MA title. The title issue could help keep the cost down, but this would be best exported to a state that doesn't have emissions tests or unfriendly DMV clerks.
Under the hood is an L98 5.7 liter Chevy V8 from a 1985 Corvette mated to a 700R4 auto with a 1700 rpm torque converter. When new the L98 would have been rated at 230 horsepower with TPI fuel injection, but with a few aftermarket parts the 5.7 liter pushrod lump should push 350 hp with ease.
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