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Count the Miles. 200

So I've been thinking of getting both of the college attending daughters a 240 for their respective daily driving needs. It's a safety thing, really.
Anyway, let's assume (what do they say when one does that?) I'm able and willing to do more than routine repairs on them but less than total engine jobs. How many miles can I expect from a 240, before it starts to have major engine problems?
Reason I ask is that there seems to a few out there (on ebay, for example) with around 200K on them for short money, but which might need this or that repair.
Any and all feedback is welcome.
Thanks.






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