Built to a Standard, Not to a Price: 32k-Mile 1995 Mercedes-Benz E320 Estate Wagon

  • March 15, 2021
The Rundown
  • Mercedes-Benz 3.2L DOHC Gasoline Inline 6-Cylinder Engine
  • 217hp, 229 lb-ft of Torque
  • 0-60 mph in 6.7 Seconds, 120 mph Top-Speed
  • 32k Original Miles Stated
  • RWD, 5-Speed Automatic Transmission
Why We Like It

The Mercedes-Benz W124 series of mid-sized models were available as a 4-door sedan, a 5-door station wagon, or 2-door convertible. These superbly engineered machines enjoyed a successful 11-year production run, from model year 1984 through 1995. They’re known for their great driving dynamics, top safety ratings and features, robust nature, and superb build quality. This Estate Wagon model was the car of choice for family types who wanted all that, plus some cargo room – there was no SUV choice yet, as the M-Class didn’t come to market until 1998. Even though there were V8 engine options, this refined straight-six was often the engine of choice, as it gets better fuel mileage than the V8s, and it’s smoother running than the V6 models that followed it. These machines run so long and strong that it’s not unusual to see them on the used car market with 250k-300k miles (or more) on the clock.

built-to-a-standard-not-to-a-price-32k-mile-1995-mercedes-benz-e320-estate77959129-770-0@2XThis one may be a bit of a unicorn, considering that with less than 33k miles on the odo, it has several lifetimes of good use still left in it. White was the most popular color for these cars and the cream/beige leather cabin is also handsome, this one looking particularly nice with its genuine wood trim inside. The seller maintains that it was sold new in California and has since had first class care and maintenance. It presents beautifully, and all of the books/manuals/keys are accounted for. If you’d rather drive a Mercedes-Benz than a trucklike SUV, and don’t need any off-road capability, but do need the cargo space of a small to medium sized SUV, this is a marvelous choice, keeping in mind that the tech and infotainment systems won’t be as up to date as anything new or newer; there’s no built-in nav, no touch screens, or sat radio, but otherwise this car should drive like the proverbial dream.


Valuation Verdict

Hagerty rates a #1 concours condition car at $17,800 and an excellent #2 example at $11,900 so there’s a lot of bandwidth here. Blending these numbers with other examples on the market indicate that the $30k ask is a bit strong, but in terms of market and pure intrinsic value, something in the low-mid $20k range would give you a great buy on a great car that would cost you several times as much to duplicate new or Certified Pre-Owned.

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