Summer-Ready W124: 1995 Mercedes-Benz E320 Cabriolet
Listed on Craigslist in Boston, Massachusetts is a pretty 1995 Mercedes-Benz E320 Cabriolet, representing the end of the classic W124 lineup of E-Class products. The Hagerty Insurance Online Valuation Tool pegs a Concours example at $25,000, with an Excellent / #2 car coming in at $16,500. The seller is asking $22,500 for an example with 109,000 miles, but the condition and maintenance history could indicate this one is worth paying a price at the higher end of the spectrum.
If you’ve spent any time around Mercedes’ products in the middle 90s, you’ll know the company was hitting its stride in the quality department. The earlier W124s were certainly overbuilt cars, but the later examples were the perfect culmination of quality and style. I have fond memories of a 1995 E420 sedan my father owned, with a very lively V8 under the hood. It was one of the best cars he ever had the pleasure of driving to work, and that was after acquiring it second-hand. The Cabriolets were seen far less frequently than the sedans, and the price tag was eye-watering for the time. However, those 1990s dollars got you an advanced roll-over protection system, seating for four, and a thick soft top that made four-season use a very real possibility.
While the asking price does seem a bit steep to me at the moment, it’s hard to fault the presentation. Pictures show a car that comes with OEM Mercedes accessories, and the seller claims it has never seen snow. Two big-ticket maintenance items have already addressed, and those include replacement of the troublesome biodegradable engine harness and the head gasket that has a tendency to fail over time. If there’s some modest wiggle room on the price, the next owner will have an overbuilt convertible that’s unlikely to lose any value.
Here’s the seller’s description:
“Get ready for summer and drive in style. Mint condition 1995 E320 Cabriolet. Always garaged. NEVER driven in the snow. Meticulously maintained. ALL ORIGINAL. Blue exterior/Parchment interior. Head gasket and wiring harness were the only production issues with this model and both have been replaced. Must be seen and driven to appreciate.”
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