Is it wise to buy a 11 year old mercedes?

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I am buying a 11 year old 1997 E-230 Mercedes benz.

Its in good condition and hasn't had any accidents or major repairs.

How much would it cost each time i send it for servicing?
And what are the cost i will likely have to bear on a regular basis on a car this old?
And will its cost me bomb to replace worn out parts on a mercesdes?
 
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