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If it was a cheap fix it would be in the sellers best interest to fix it. A nice 30k mile E300D is probably worth low $20k's. However in its current condition I would pay less then $10k for it, I would shoot for $8k-$9k.
You would have to assume the engine is shot while bidding and buy it with that in mind. 606's are pretty tough you have to work hard to hurt one in only 30k miles it makes me wonder what other problems are lurking.
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2016 Corvette Stingray 2LT
1969 280SE
2023 Ram 1500
2007 Tiara 3200
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