Date registered: Nov 2008
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Help pricing a '72 280 SEL 4.5 (possible moneypit)
I have been offered the car named above. The body needs paint (no rust anywhere, though), the interior is in okay condition, and some of the electrics don't work (windows won't go down but churn, for example).
Now, I wanted a long term project car, but the catch is this: car turns over but does not start (shady mechanic claims one side's head gasket, but prob. full of ****), there is no service history whatsoever, and it's been sitting for over 3 years.
It is claimed that it ran a couple of weeks ago but I'm not convinced. Was quoted $2400 to change head gasket (I must look like a sucker haha), for the record.
Would you run far, far away in the opposite direction? I toyed with the idea of buying it and putting a donor engine from a salvage W108, but it's difficult to know what other problems it hides such as suspension, transmission, etc.
Please chime in!