My friend specializes in this wonderful car. Built like a tank, smooth, quiet, reliable. This is not a vintage car like the Pagoda, but a more contemporary MB capable of anything today's roads require and many of the modern conveniences. This car was $80K new and the last of the hand built Mercedes, really four seater coupes that were chopped, reinforced and turned into convertibles on a separate assembly line. This car is as quiet as a hardtop when buttoned up.
The six cylinder engine is one of the best and most reliable that MB built and was used in many body styles. They were a bit prone to head gasket leaks, not a big deal. The other weak area is that over time the wire harness would get brittle and need replacing.
My friend has sold many of these cars and I've driven quite a few of them from practically no miles (13K) to over 100K miles, and they all drive beautifully. In fact, the one over 100K that he just sold was one of the best driving.
Expect to pay high 30's for low miles (under 20K), lower 30's for mileage 25-50K, and 15-20 for over 100K miles. If you're really looking for one, I'd suggest giving my friend a call. His cars are completely gone through by Black Forest, any and all issues, maintenance items and fluids addressed before becoming available for sale. He has the best looking one I've ever seen (my opinion) in Moon Grey or something like that. Just an extremely handsome car.
Good luck, it's hard sometimes to believe you can buy this much car for so little money. We both think that over time they will appreciate like the 111 convertibles.
www.memory-motors.comHe is my friend and I have no financial interest in the company. I bought my 356C Porsche from him.