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My 1990 240 with just over 246K rolls on. I have Mobil 1 5W-30 synthetic in the crankcase, and it does not burn a noticable amount of oil over a 7.5K change interval. Gets about 26 MPG, and the synthetic helps here IMHO. The transmission shifts quite well.
Some of the disposables are in not-so-good shape, by this I mean the shocks, struts and suspension pieces. They are easy to replace, but other things (like time) keep getting in my way.
Basically with a good body and drivetrain any 240 is a good buy, because all the other parts can be replaced. What are they asking for it? Service records? Area of the country?
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