I also think that $1,900 is too much. The car is rusted. I bought a car with less miles and no rust for $1,200.

Additionally 5,000 miles is not frequent enough for oil changes on these cars. 3,000 is the recommended interval on a 240D, and I would never stretch one past that.

It does, however, sound like it would make good transportation. Maintain it properly and be prepared for a fix here and there.

Good luck,
Change oil hot and change oil often,