Looking at a truck today...

[ksjh1316]

I think he was refering to the ones below the front sidemarker lights. I would say if the truck is clean of rust only in the inner fender and its the truck he wants it would be worth further negotiations body costs more $$$ to fix than mechanical. Your friend may not even be interested in the current powertrain set up. These things are hard to tell what they should be worth sometimes it all comes down to if they like the vehicle and the purchaser feels comfortable with the price.

Also check the wiring as well some of the PO do one heck of a chop job on it and can at times be smart enough to hide it well.