Should I invest in repairs to fix my 1989 300e Mercedez?

Question

the white bomb benzo has some problems and age against it. for beginners, there's an oil leak. i'm not too worried about it, it's a slow leak, i only put a quart of oil in every 6-8 weeks.

that leak would cost a good 800-1000 to fix.

then, there is a transmission leak... requiring trans fluid nearly every two weeks. (also, is there ANY way to cheaply repair tranny leaks ???)

the car over heats, i'm guessing it's the compressor...

the car has just recently passed 200,000 miles.

i know that's bad, but the body of the car is beautiful. the paint is good and the interior is spotless so it's a tough car to ditch.

i live in los angeles, if any of you happen to be mechanics and wanna offer some suggestions or perhaps offer to fix my car in return i'll answer all your yahoo! questions.

Answer 1

There is no easy way to solve a trans fluid leak, if its a pan seal thats pretty easy, but usually you arent so lucky

As far as the overheat, you mean the AC compressor? No it isnt that, it could be anything from a plugged up or leaky radiator to a bad thermostat to a blown head gasket, but youd be using coolant and/ or oil if the head gasket was bad.

If you aren't good at auto repairs yourself, i would say let it go

Answer 2

No. the Benzs of that "vintage" do not fetch good prices. In fact, the complete designing engineering team was fires soon after. Those models did not sell too good.
It's up to you, if you still like it and plan on keeping it for a while do the repairs, but forget it if you think that you will sell it at a good price.

Answer 3

I am no mechanic, but I'd say dump the car before it dumps you.

Lets just say I am speaking from experience on this one :)

Answer 4

a mercedes is always going to hold a higher value than most cars...so yeah i would fix it up and if you dont want it sell it

Answer 5

Get a new car.

Answer 6

Get rid of it.