Buy the best condition you can afford. 1500 will not buy a really nice one. the most expensive thing to repair is a rusty body. second most expensive to repair is the motor. any other major component can be bought used reasonably.
i recommend an 83. the older ones are more rust prone.
get the car checked by a person with mercedes diesel experience. I recommend getting a compression test.
don't pay extra for low mileage unless it is hard documented.
I have had a dozen or so 240s most were 82 or 83 models. it is a car that can be driven for a lifetime. my current dd has over 350K on the chassis with a motor with 40k on a freshening.
good luck. there is no better quality car built ever.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.  [SIGPIC]
..I also have a 427 Cobra replica with an aluminum chassis.
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