Looking at this extremely clean and low mileage 2008 from the Midwest, BUT the rust underneath is more than I’m used to. Should I accept and buy it since this is an otherwise extremely clean 200, or do I run?
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I'm not afraid of a little rust, (everything rusts up here in the great, white north) but that is more than I would be comfortable with.
If it's a really good ($$) deal and you don't plan on keeping the vehicle for many years, then it would be fine. If the deal is not amazing, or you intend to keep it for long-term, I'd keep looking.
At some point the rust is a deal breaker
... i have to agree with the "frame waxer" on this one.