questions on a bed for sale

[Sequoyah]

A friend of a friend is selling this bed and I was wondering if the old beds were any different from the newer ones. I've seen these on 80's trucks and they looked the same to me. I won't have a chance to go look at it until sunday, but I want to have an idea of what to look for. The guy selling it bought a house and it was in the yard. Supposedly there's no rust and all of the metal is straight. What would you offer?

oh yeah...there's wood in the bed too.