I owned two Mercedes, and on my second Jaguar. They were all cheap as I got them used. All needed a good bit of work initially, all of which I did myself.
I do like the comforts, handling, low end torque for getting moving in a hurry (perceived as power when stomping on the gas pedal),_for me very low cost of ongoing ownership. This scenario works well for DIY. If someone uses credit cards as tools, not so good of a deal.
My first Benz I had for six years, the second for over 20. First Jaguar had for seven years, the current one is going on five years, purch price $3000.- and about $800.- in parts, to get it up to snuff. Since then only a set of tires and the annual oil change and annual inspections mandate by PA. No mor repairs since buying it, exc. the initial. All along also had full size GM pickup trucks.