On the surface, no, it's not worth it. That's an unreasonable amount of money for what sounds like a beater car. However, the report does not give information on the condition of the two most significant areas - rust and paint. Rust repair and paint work are extremely expensive; very few people can do them at home.

Even on the mechanical side it needs a couple thousand dollars worth of work, and that's at mail order parts pricing and DIY labor.

Unless you absolutely, positively gotta have a diesel it makes more sense to buy a late 124 wagon with the M104. In round numbers a 1995 model is half the age, same or fewer miles, generally better condition, and should sell for a few thousand $$$ less. But then, you know that, and you already have a 124 wagon with an M104.

- JimY