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Engine was rebuilt at 675,000 and 1,500,000 miles, has been in 10 accidents etc.
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Actually, your information is wrong, if this is the car that you're talking about. Original engine and tranny. Haha.
http://www.vcoa.org/irv_o_meter.shtml
A Volvo 240DL may not have the ultimate durability of a 220D or 240D, but it accelerates much better, lasts nearly as long, and I'm willing to bet that Volvo parts are cheaper on average than MB parts.
-Sam