I spent $2600 on an almost completely rust free truck with only 109k on it with a small lift on it.
It had its fair share of issues though.
I also drove from Pittsburgh to New Jersey to get it and tow back behind my buddy's XJ.
But I don't regret buying it even after putting a ton more work than I expected to get it on the road again.
So to summarize, if you want it ,and can afford it, buy it, and get to work!