Welcome to the forum, fund of all knowledge.
If you are not mechanically inclined, it is IMPERATIVE that you live near a genuinely good specialist LR mechanic. Like every make, Land Rovers do sometimes get labelled unreliable, but in 9 cases out of ten any Land Rover problems are due to incomptent mechanics.
First, both the diesel and the V8 are strong, very long lived engines. The V8 has the longer legs on the highway, but one pays for it in fuel usage unless it is on LPG. Also, I think the petrol ones are very rare if they were available at all in 94.
I will need correcting by other members, but I think it was in '94 that the engine changed from the 200tdi to the 300 tdi. Both are excellent engines, with the 300tdi being a bit more refined. Early 300's had a problem with the timing belts but it is an easy fix, and any still running should have a modification kit fitted by now.
There was a problem with mainshaft oiling whch I think was sorted after '96. Look for excessive drive train free play, which can aslo be caused by worn axle splines.
Altogether, best to take any Land Rover to a specialist for pre-purchase inspection. Someone on this site could advise if you give your location. If in Melbourne, I would take it to Fred Smith.
Since Sir William Lyons sold Jaguar to Leyland, there has probably been no truly moral car maker, or one who actually cared about their customers. At least one section of Land Rover - the design department - does care, and they design cars that are simply more fun to own than any other make. They also do their job wonderfully well. Forget all the little gee gaws and toys in the Jappo 4WD's. The Land Rover is a better car.
Good luck,
Paul


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