I actually drove it yesterday and EVERYTHING checked out. I think this is one of the instances where the guy truly doesn't know what it's worth. Car drives perfect on the highway, no clunking when turning, didn't see any rust anywhere, everything works on the inside (A/C, stereo, sunroof, 4x4). No leaking anywhere.
Plus the V8 has a nice kick to it.
Two small dings on the car, one of which I am worried will eventually rust up.
I basically told him that if he gets the Jeep inspected and I run the carfax and there aren't any major issues, then we are good to go. Also got him down to $5,500. Too good of a deal to pass up IMO.
I was also interested in this 2002 GC Overland with 57k miles for $8,400 (little pricey but damn nice Jeep).