I voted no. You could pour a lot of money into this fixing it up. If you do all of the work yourself, you are looking at around $1k+ for good parts just for the suspension. At 30 years old, you will most likely need to replace everything rubber on the suspension. On the drivetrain, you will need motor mounts, transmission mount, probably flex discs, change the diff fluid, and change all other fluids and filters if they look like they need to be changed. That's another $500 or so. You will probably also need to change many of the hoses, probably estimate $200 for that. If the engine or transmission need any work, you gotta add that. The interior can be left untouched but if you want it looking nice, that's even more money. You could end up sinking $3k-5k into it to get it driving reliably and it could still look like a beater and not be worth any more than you paid for it.

I say this because I ended up sinking way more money into my 190D than I should have and ended up finding huge hidden rust problems after putting all of that money into it.

__________________
Current: 1975 450SEL, 83 300D, 88 Yugo GVX, 90 300D OM603 swap, 91 F150 4.6 4v swap, 93 190E Sportline LE 3.0L M104 swap, 93 190E Sportline LE Megasquirt, 03 Sprinter, 06 E500 4Matic wagon.