
This 1989 Mercedes-Benz 300E 3.2 AMG was ordered in Japan and modified by AMG Japan when new. The car was imported from Japan to Germany in 2014 and later acquired by the seller in 2022. Authentic AMG modifications include a complete body kit, Aero I wheels, suspension, 300-kph gauge cluster, M38 AMG steering wheel, additional burl walnut wood, exhaust, a M103 3.2-liter engine upgrade which was a Japanese specific high-output motor, and an AMG certification. Finished in Anthracite Gray Metallic (172) over Anthracite Leather (271), power is provided by a bored and stroked 3.2-liter SOHC inline-six mated to a 722.3 four-speed automatic transmission driving the rear wheels. The seller acquired the car in 2022 and has since reconditioned the car with new tires, refinished wheels, brake overhaul, fluids, and a completed engine rebuild which is documented in the gallery. Factory equipment includes power adjustable front seats, power sunroof, automatic dual zone climate control, headlamps washers with wipers, and cruise control. The current owner is selling it on behalf of his father who has logged 7k kilometers during their ownership and is located out of Bielefeld, Germany. TÜV paperwork shows the AMG conversion as authentic and the car is backed up by AMG certification paperwork. Now showing 143k kilometers (~89k miles) from new, this 300E 3.2 AMG is offered for sale with records dating back to 2016, German TÜV documents, spare wheel, jack, AMG certification, a clean German title.
The car received AMG bodywork shared with the 6.0 Hammer which includes a sculpted front air dam, side skirts, lower door cladding, rear bumper and a three-piece trunk spoiler. The body kit is original with TÜV paperwork and the car carries a reproduction Sebring exhaust with AMG stamps along with dual chrome exhaust tips at the rear. The original exhaust is shown in the gallery which was replaced because of condition. The bodywork is finished in Anthracite Gray Metallic (172) with all painted chrome and trim including the grille surround and side molding with the grill insert being done in black. The driver side door lock piece was replaced and is unpainted and the passenger side front door lock is broken. Exterior equipment includes front fog lights, a power-adjustable passenger door mirror, a power sunroof, an automatic antenna, and central locking. Paint meter readings are included in the gallery and there are no signs of rust present on the body. Some paint chips and wear are noted in the gallery.
The 17” AMG Aero I wheels come fitted with a set of new Yokohama Advan Sport tires which measure 235/45 on all four corners and show 2023 date codes. The wheels were professionally refinished in 2024 along with the installation of new brake pads, rotors, fluid, and hoses in July of 2025. White AMG springs are pictured in the gallery with the W124 part sticker visible on the coil spring and Bilstein B8 shocks at all four corners.
The front and rear seats are trimmed in original Anthracite Leather (271). AMG trimmed the interior with additional Burl Walnut wood which adorns the center console, gear selector, dashboard, and door panels. The wood appears to be in excellent condition. An adjustable toggle for the passenger side mirror is available below the shifter. Additional interior appointments include automatic dual-zone climate control, cruise control, and a Mercedes-Benz Audio 10 head unit. Power windows are factory optioned on all four doors. The sunroof is fully operational, the pinned head liner is not sagging, and the B pillars show some wrinkling common on all W124s.
The Momo M38 AMG leather steering wheel fronts an AMG-specific white-faced gauge cluster with a central 300-km/h speedometer along with an 7k-rpm tachometer, an analog clock and gauges for fuel level, coolant temperature and oil pressure. The six-digit odometer shows 143k kilometers (~89k miles). The steering wheel was recovered with new leather prior to the owner's acquisition.
The original 3.0-liter M103 inline-six uses a new crankshaft based off the OM603 3.5-liter crankshaft that strokes the engine – it is also bored to 3.2-liters along with a new head that uses hydraulic lifters and AMG camshaft which help the engine produce 231 horsepower and 200 lb-ft of torque. Compression is up from 9.2:1 to 10.0:1. Power is sent to the rear wheels through a 722.3 four-speed automatic transmission. The seller performed a full top and bottom end engine rebuild which is documented in the gallery. The headers are known to be unique to the 3.2 and have been ceramic coated during the engine rebuild. Valves were cleaned and seats cut, new brass valve guides were installed, and new pistons installed. Photos include the bottom end disassembled and cylinder bores being rehoned. The seller states a major service was performed upon import to Germany in 2014 which included an overhaul of the KE-Jettronic fuel system, but records started in 2016 onwards and TÜV paperwork started in 2018 onwards. AMG stickers denoting the engine modifications are found on the radiator support and a plaque can be seen in the door jam. Underbody photos provided by the seller show no signs of leaks or corrosion.
The current owner is selling the car on behalf of his father who has logged 7k kilometers during their ownership and is located out of Bielefeld, Germany. TÜV paperwork shows the AMG conversion as authentic and the car is backed up by AMG certification paperwork. Now showing 143k kilometers (~89k miles) from new, this 300E 3.2 AMG is offered for sale with records dating back to 2016, German TUV documents, a spare wheel, jack, AMG certification, and a clean German title.
A cold start and driving video are provided below.
The M103 3.2 AMG engined cars are so rare that there is not a lot of information available. This has resorted to us digging through our pre-merger library to hunt down printed information. The 3.2-liter in the W124 was a Japan-only powerplant that was available from 1988-1991 before the M104 cars took its place. This AMG Japan engine is bored to 89.9mm and stroked to 89.5mm where the 3.0-liter Mercedes-Benz engine was a 88.5mm bore and 80.25mm stroke. The “Baby Hammer” 190E 3.2 built by AMG Germany was a thing while this example existed, though sources say AMG Japan built the engine in this car and is unique to that market. The way we see it, this 300E 3.2 is similar in both engineering and collectability to the Italian Market E30 M3. That makes this car so damn cool. A high compression, bored, stroked, cammed M103 is wicked to see and it’s paired with the exact same body kit as the 1987 Hammer we sold back in August. The M38 steering wheel and additional wood on the interior is a huge plus not to mention the condition of the veneer. The hard part of the engine rebuild is done and seems to be done right by a talented machine shop. The refinished wheels, new tires, and refreshed brakes are all huge pluses that add value to one of the rarer AMGs we have seen in a while. We love it.
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