$4000 is not bad. The engine itself, if an original M130 engine correct for the Pagoda, is worth $1500 even if it would need rebuilding. The grille assembly is worth quite some buxx, the softtop frame alone will fetch $1000 or more, and there are plenty of other parts that can be sold, like the transmission, FI pump, interior chrome, rear axle and what have you. And, for the real enthusiast, the car CAN most likely be salvaged, although that will take a bit of work. I for one cringe at the thought of ANY Pagoda being lost forever ...
Cees
white 1969 280 SL