May need brakes too. There was a recall on the front reservoir too. Was that done? (never did my '03 - no big deal)
Bikes are an emotional thing. Why is he selling it? If his dog died, his wife left him, and his pickup got stolen you may want to help a brother out.
If he wants to buy a different brand - flog him like a rented mule...
(And btw... those Knights said "NIH!", if I remember correctly...)
