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1988 240 DL 700

I concur with the other opinions. The 760 sports a number of electronic doo-dads which may or may not function properly in the near future. I imagine that repairing these systems, if the parts are still available, is very expensive.
Average mileage for an '88 should be in the range of 150-180k miles. An '88 with 218k has probably been driven hard and the early B230FT could well be nearing the end of its life. Finally, you have not seen the car and do not know what work it may need, but you do already know that he is asking above Blue Book value.

A 240DL isn't as lavish or as fast, but probably more reliable and certainly more DIY friendly. You shouldn't have trouble finding one within your budget. But do make sure to set aside at least $500 for repairs/maintenance, regardless of what you buy. These are well made cars, but they are also old, high mileage vehicles and more often than not they all need attention.






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