A 29k-mile 1994 Mercedes-Benz E320 Cabriolet just sold for $18,500, marking it as a solid deal in today’s market.

This E320 Cabriolet is a rare gem, boasting incredibly low mileage of just 29,000 miles. The 3.2-liter inline-six engine paired with a four-speed automatic transmission delivers a smooth ride, perfect for cruising. The Black Pearl Metallic exterior, black leather interior, and matching convertible soft top enhance its classic luxury appeal. Notably, the car has recently undergone service, with the brake system refreshed and critical components like the water pump and fuel pressure regulator replaced. This level of maintenance is a big plus for buyers looking for reliability in a vintage ride.

As for the price, it’s hard to argue against the $18,500 final bid. With a fair value estimate of $23,400, this sale came in a whopping 21% below that mark. Eight bids indicate a decent level of interest, but it's clear that buyers were able to capitalize on a market correction. For a low-mileage model like this, that’s a steal, especially considering the overall condition and service history.

The community was buzzing about this sale, with one commenter congratulating the buyer, @lptoland, on a great purchase. Comments like these reflect the general sentiment that this was a smart buy — and it’s hard to disagree.

For anyone on the lookout for a similar car, pay close attention to mileage and service history. A well-maintained convertible like this E320 can offer both enjoyment and investment potential, but only if it’s been cared for properly. Make sure to check those critical components to avoid costly repairs down the road.

See all Mercedes-Benz A124 E320 Cabriolet listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=Mercedes-Benz&model=A124%20E320%20Cabriolet).