Project 1st gen worth it?

A colleague has this 1st gen that had a bad transmission and is entertaining selling. Not so familiar with this platform, i have a second gen. Here is what i know: its a 4x4 with about 290k miles, v8, auto, newish suspension been sitting for about a year. I inquired price and they are looking to get what they recently put into it for ~2k but would consider offers. Thought it could be a cool prerunner build but dont know how much it would cost to fix. Any thoughts?

 

Based on the rusting out of the body, I can't imagine the frame isn't totally perforated.

If you haven't already read what you need to know before buying a 1st gen, you should: https://www.tundras.com/threads/so-you-wanna-buy-just-bought-a-1st-gen-tundra-eh.115928/

 

Close to 300k on the truck, swiss cheese sheetmetal, and a blown transmission. Hard pass at $2k.

 

Run away.

 

I want to know what was "recently" put on this thing that was worth $2K.

 

I’m guessing recently might be the suspension work mentioned after what appears to have been a drivers LBJ failure that took out the fender?

 

Ahh. Missed that little detail. Looks like that's exactly what happened.

 

That should be a free truck.

 

I wouldn't even give it away free. That thing's frame is probably Swiss cheese, and it's a death wish for anyone driving it. I wouldn't want that potential lawsuit hanging over my head. If I was selling it, I'd be selling it clearly marked "AS-IS, PARTS ONLY" and making the buyer sign a legal disclaimer, with witness signature, saying the buyer understands this truck won't be driven as-purchased, as it is clearly understood it's not safe to drive. These days you gotta CYOA on everything because people are absolutely f'ing stupid.

 

Rode hard and put up wet. Needs to be taken out back and shot.