Possible purchase on 3rd gen. Need help

I have an 4th gen V8 with 190k on it. Paid 6k for it with 180k miles back in October. I’m keeping that one but I wanted a 3rd gen as a project and a daily driver so I don’t put a ton of miles on my 4th gen.

It’s also a mint condition SR5, not limited. But has leather, moon roof, etc.

Sounds nice!
 
Look for rust underneath, especially on the frame. Check where it lived most its life, if it was in the salt states. Low miles doesn't necessarily mean good condition if they drove it in winter then parked it with salt underneath it for ages.

Check for the pink milkshake. Google it. If there was suspicious work done on the radiator and transmission at the same time it should be a red flag.

Nothing else to note out of the ordinary as long as it runs fine, except maybe head gasket issues since they are susceptible to overheating damage.

I saw a vehicle with what I think you described. It seems like a decent deal, 120k miles on a 2000 limited with center and rear lock for 9000 bucks but this service record on the carfax has me worried.
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