These wagons have always been among the most handsome cars on the road. For a 1992 model, they were generously equipped and the 92's were the first with standard dual airbags. Compared to newer cars I have owned, the transmission is slow to respond and jerks. The A/C system temp is very hard to modulate, either full on or too low. As these cars age common problems are: Cruise control/power windows/mirrors, central lcoking, valve cover gaskets prone to leaking, rear air suspensions fail eventually, cooling system fails eventually as well. All these repairs are pricy but once fixed, won't happen again for the life of the car. Bargain used but get one that was pampered!
Vehicle I purchased for $6500 has 144,000 miles on it . Always garaged, almost no visable wear inside or out. I knew mechanical items were needed and now fixed which were 1. brakes($500.), 2. front CV Joints ($500. re-built, after market-non-dealer), 3.general servicing of all fluids and filters. I turned off the 4WD function as new 4matic distribution valve is $2,000. Now a great car for $7,500. total less tax and license. New version of same wagon is $44,000. !
The 88-92 Mercedes 300 series is a nice meeting point. The design is efficient, elegant and not too complex. The newer models have more stuff that really is not necessary. These years have all that you need for a luxury ride and are still rooted in the old Mercedes tradition of being well overbuilt. The wagon in particular is the best deal because it has the biggest engine, suspension and brakes standard. Also, the long wheelbase gives a big car ride. The 103 engine is turbine like, exremely reliable, and revs nicely for surprising performance. The transmission gives very positive high RPM shifts while remaining very smooth a low speeds. It's also not too big or too small abd u-turns well.
One of the best road cars I have ever driven. Quiet, peppy (for a diesel) and a fun car to drive. Spent 33 hours in one continious trip and still comfortable. If your interested in one, make sure you find one with a factory replaced engine or one with the piston rods replaced with the updated ones.
Great car to drive. Handles just like a Mercedes ought to: goes right where it is pointed and takes any road surface in stride. Loves bad roads. Bit shy on power, tho, especially at low RPMs and at elevation (I live at 5000 feet). I've had a few problems: 4- Matic transfer case replaced twice, broken front spring, quite a few computer glitches and injector system problems, cruise control failed. Very high quality interior and body. Tires don't wear very well; 30,000 miles max on Michelin Pilots, usually less.