What would you do in this situation?

[Snoopy572]

Well I have an 86 560 SEC and right now it is close to dead, IMO. It's coming up on 300k miles and has not been taken care of too much. The Power steering just went out, cracked winshield, oil leak, air and heater do not work, interior looks worn, sunroof does not work, needs new shocksa nd springs, and the list goes on and on. So my father who is wanting to help me out tells me I have one of 2 options.

First, he will give me $3000 to put into my car. Which I do not think will get no where near half of what I need done to the car. I guess some of that can go to rebuilding the top end of the engine, maybe springs and shocks, and windshield. There's so much to be done I don't knoww hat needs to be done first and everything that needs to be done. It's kind of frustrating.

Second, he has a 88 380SE that is the same color and all. This car has 280,000 but the engine has just been rebuilt, and is running perfect. Only thing that it needs is a muffler, spring in the front seat, and the sunroof needs to be fixed. The car looks so good, it has chrome trim around the door handles, windows, and wheel fenders. It has some nice 16 chrome rims but they are going to be taken off and replaced with 16" chrome rims from the W140 later this week. My dad said he will trade me cars and I will have to give him $1000 on top of the trade. I am thinking this is the better options especially since I'm off to college next year and need something reliable and dependable. This car is very slow which drives me nuts. But if I were to get this I guess I would mainly keep it looking good, nice audio system and keep it running good.

I have to have an asnwer for him by Wed. So what do you guys think? Is $3000 enough to get my 560 up and running or should I just go with the 380 SE. To be honest I'm leaning more toward the SE.