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What ever model you buy make sure the evap core has been done, every W140 will go through one at some point. $3k job. I6's had weak headgaskets, also you mentioned 94 that would have the bad wiring harness. Just find the best taken care of example you can that has had all of the above problems taken care of. I would still be ready to spend a few grand a year keeping it up.
W140's are nice cars but not for the faint of wallet. Since you mentioned the word "budget" maybe a mint 1991 560SEL?
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1969 280SE
2027 Ram 1500
2026 Genesis GV70
2007 Tiara 3200
1988 Egg Harbor 37
1981 Boston Whaler 17
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