See if the timing chain is the double row type (I don't remember when they switched to double row, so this point may be moot). Find out if the chain and more imortantly the guide rails have been replaced - if they break, you're screwed.
Check all vacuum lines for breaks/cracks.
Check the trans level to make sure you have enough, and good fluid - do a trans filter change if it has never been done, or not done recently.
Wait to spend money on frills, until you know what kind of money you need to put into necessary items. Them frills aren't going to do a damn thing for you, if the car won't budge.
Since the "buy" price is right...Keep the car!
Do a search in the detail forum for tips on squeaks and things.
Good luck, and have fun!
