Price at this point is really important for us to know if asking for advice! As you mentioned, if the price is factoring in the deficiencies (or can be negotiated based on them), then it may be a good buy since it has been maintained well.

This would be the biggest factor for me. OP, check the frame over very carefully for holes, or soft areas. Everything else is manageable if the price is right. Unless you plan to off-road a lot, then the 4lo likely isn’t an issue anyway. I’d still try to free it using some of the techniques in past threads just because I like everything to work correctly, but honestly I have never used it other than monthly testing for functionality.

Don’t know how much you’re paying, but a co-worker of mine bought an ‘04 V8 Limited with 250kish miles, last year. It has a few issues, and cosmetically isn’t something I’d want, but he negotiated it to $1,500.00 cash from a Craigslist ad! He drives it everyday for work, and other than rear brakes, and a front wheel bearing, it’s been rock solid dependable. Considering I paid almost 5 times as much, it really has me kicking myself for not buying that one at least for a work beater, even if I had a nicer one like mine for regular duty!