1989 Toyota Pickup pickup review from North America

I have the oppurtunity to purchase a 1989 toyota pickup x-tra cab 22re 2wd. I was about to buy it, but my dad recommended me have it checked through with a mechanic first. I got approval from the owner to do so. I let him look at it and he said there is some under body frame rust in the back were it connects to the leaf spring. he said this is a hazard and might give on a harsh bump or crumble in collision It however has new exhust and brake lines. plus new tires. it is a 5 speed manual and the test drive it was great. drove like a champ! he wants 300$ for it and it is mechanically sound. what is your guys take on my opportunity and would you recommend not be taken off road and on harsh conditions. also how does it do in the snow, and what is the 0-60 time. could it beat a volvo 240 station wagon 89 2wd auto with a 2.3 4 cyl non-turbo in a drag race. thanks for ur imput!