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I think an older 123 wagon is perfect. Just fix it up, heck even if you bought a brand new engine from Mercedes you still would have less in it then if you had a car payment, plus maintenance and repair cost are much less.
The older cars are much simpler and cheaper to insure which saves you $$.
They are less likely to get stolen, they have no stinking electronics to stand you on the side of the road. No check engine light to stare at you while driving. No ABS light to go off and cost you a fortune. Made to flip over and support the weight of the car and save your life. and on, and on and on.
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1981 300D 147k
1998 VW Jetta Tdi 320k
2001 Dodge Ram 2500 141k
1979 300D 234k (sold)
1984 300D "Astor" 262k(sold)
Mercedes How-To and Repair Pictorials
I love the smell of diesel smoke in my hair 
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