I think its a terrible price! I think you need to send me the sellers info and I will take care of this for you!
Seriously though, I should probably know this by the model number but does it have the 9ft bed? I would say if the sheet metal is surface rust only (and not bad) and it is not all dented up, and that includes the bumper and most importantly the grill, then it doesn't sound too bad. Especially for us guys on the eastern side of the country. We dream of all that great rust free iron out west and have nightmares about paying to get it here if we do go for it. Do you have any pictures?
Keep us posted on how this plays out. One of these days I hope to find me a one toner.
Good luck.