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My 86 300e has 300K+ miles on it and I'm just starting to get valve ticks. I've replaced the alternator and a few relays but its been a great car. I got the car when I was 15 for free from a nieghbor and beat the **** out of it. I used to drift it, auto-x it, and drive it hard all the time, the whole time it had over 300K. The body is in amazing shape and is awfully easy to work on. The motor is simple to work on as well. I love my 300e. If I were you I would look for the M104-24v powered 300e's and e320's like the 93-95's.
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