I would spend a lot of time doing searches on this board before you decide that model fits your concept of inexpensive and reliable transportation. Lots of stuff WILL be worn out if not already replaced, and some of it can cause severe driveability problems. It will be a very satisfying car once you have ironed it out, but is that what you are looking for?
If you decide you can handle the problems yourself, and have the time and patience to do so, you will find this board a great resource.
'91 MB 190E 2.3
'08 RAV4 Ltd 3.5
'83 Lazy Daze m'home 5.7