GE230 Auto
On ebay in Lancershire too far away for me but with a £1000 budget a bargain fixer upper as this engine is powerful enough and not as thirsty as the 280 and very close to the 5 cylinder diesel in running costs, 4 years from free road tax too.
https://www.ebay.co.uk/itm/264654810967?ul_noapp=true
I have a 230 Auto and it doesn't compare well to a 5 speed manual.
I'd be a little concerned that whoever is selling is selling for a reason. And its not what you can see in the photos. Without the ability to road test, or even start the engine, its a huge gamble.
Even as a basis for a 606a or 605 conversion it's a cheap vehicle, but as you say more risk. This engine is a 4 cyl version of the m103 engine in the w463 cars, so a straightforward and reliable unit. The assuptions I'd make would be around the fuel tank the pump and the fuel filter I would sort them out and be fairly confident it would start
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That's my view, drivers rear quarter, perhaps a small amount of welding, paint, brakes at that age most likely need work and if you need to the interior. Good colour, engine & auto combo too