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Like any other car, the answer depends in part on how well it has been maintained and what you want it for.
My daily driver is a 1983 240DL with 202+++ miles and stick shift. It runs as well as the day it was new (on synthetics), and I've kept after the rust gremlins over the years; so, it looks great, too. I really like the car, but there are times that I wished I had bought a Benz of the same vintage (the amenities and smoother ride would have been nice; the 240 Benzes of the '80's are also indestuctible).
I also enjoy driving the 1995 E320, though. Very different cars. Whereas the Benz is king of the highway, the Volvo is a fun car in which to scoot around town.
To each, his (or her) own.
Ron
'95 E320
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