Well, I went out to take a look at it and take it for a drive. It's the V6 engine with an auto transmission (bad combo, I know). The body's in alright shape, a little rust in the wheelwells and around the gas cap, but nothing major. Turns out the sagging shocks was just an odd angle in the photograph cause in person they look perfectly normal.
The exhaust is broken where the header attaches to the cat. He says he's going to try to get the broken section replaced before he sells it. Obviously it's very loud and when trying to make it up a pretty easy hill it was lugging pretty hard, almost as if it was hesitating, and the acceleration on a flat was miserable. Is this because of the auto transmission or is it due to the lack of backpressure in the exhaust system?
I'm told him if he gets the pipe fixed I'd be seriously interested, as the price is right ($3500CAD asking price, I'll offer $3000) (around here 88-89s go for 5 to 6 grand easily). Am I right in assuming the cause of the lacklustre performance is probably the broken pipe?
Also it needs an ebrake cable - are these expensive or hard to install? I'll need a shop manual first thing.