Long time lurker with hopefully my first purchase. I've found a silver '83 300D, with a black interior ( the owner claims leather) with 187k miles.

Good: No rust (that I've found so far)
Very nice body with only one very small dent
New tires
Good headliner
No blowby
Very quiet well running motor

Not so good:Needs an A/C comp. plus ? for the A/C to work
Cruise control doesn't work
Needs shocks
Will need seats recovered
Leaky injectors? all 5
Tachometer doesn't work
When I drove it, the oil pressure(?) gauge was pegged at 3. It did come down at idle.
There was water in the trunk sides where the drains had clogged. No rust, but how did water get in there? The trunk seals looked good.
The paint on the hood is faded a bit and at the front of the hood, the clear coat has come off just a bit.

Well the guy is asking $3,000. On Ebay one with the same mileage went for just over that in San Antonio. It had a working A/C and no seat issues. It looked very nice. Also there's one in California that hasn't gotten past $1,700 that is in similar shape to the one I'm looking at. I would like advice on my first one and opinions.

Thanks

M