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I just got back from looking at a '76 240D. For the most parts it looks like it is in good condition. A few things I noticed were:

looks like 2 of the injectors are leaking
some (not alot) of surface rust
vibrations in the rear brakes when backing up (he said he just replaced them)

I am told it has 250k miles on it, but the odomoter "broke on the last tank of diesel" other than that, a few tears in the seats, and the door/trunk seals are worn, but not useless yet.

How much would you think this is worth, and how much trouble is it to fix those problems from your experience?
 
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