As stated, they make great first cars, offering safety and luxury options, and are nearly disposable. (auto windows/locks come to mind. My friend purchased a new 2008 Chevy Cobalt and it didn't come with auto locks/windows...)

Bought my first car at 18, a '87 300E, in very poor condition (oil leaks, no paint/odometer/history/a.c) for $1400. Too much, i know.

None the less though, I got plenty of use and value out of the clunker. 1.5 years of daily driving before people decided to rear end me so many times the car had to be towed home and that was that. The accidents were not serious, just crumple zones doing their job, so all passengers were unharmed.

It was a great experience having learned basic car maintenance and care. Could always take pride in my car, despite its appearance and impending mechanical doom (Headgasket leak) as the ability to throw the rear headrests down via console made my passenger's day.

I'd recommend searching for a more taken care of car but, the clunker route is doable. Just don't have much of any expectations when it comes to mechanicals, every mile is a blessing in that situation.

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'76 240D 311K
'92 300E 100.001K
'87 300E RIP