Got it about 5 years ago to be our spare/work vehicle and have (unsuccessfully) been trying to run it into the dirt ever since.
We've recently upgraded so now it's your turn!
The good:
It runs and drives pretty well all things considered.
Has a tow package
Everything seems to work as intended
Has a fairly new battery
The oil has been changed regularly
The tires still have decent tread
It's only $2000! (No lowballing please)
The bad: It's a 25 year old rig.
The check engine light turns on and off randomly and has since before we owned it.
There was a bit of paint spilled in the back cargo area
The break pedal is squeaky (breaks work fine but the pedal/bushings likely just need lubed)
It's made for a great work rig and should continue to serve as such. Also a great rig for braphing with tons of torque.