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That evo is a sharp looking bike. And paying cash is all the better. Get it.The bike is 26 years old, so you may have to spend a buck here and there, but so what?
I have a '94 Ultra Classic that's pushing 104,000 miles. I just rebuilt the engine; from the looks of things, I'd say it was the first rebuild. I replace a cable here or a gasket there, but it's no big deal.
One caveat; evo's are famous for base gasket weep. Soon or later most do it. You can fix it, but you really don't have to. I wanted to throw that in in case those sorts of things make you crazy.
Pretty bike, I wouldn't be concerned with 48k on it. As was said, if you have 0 history, at that mileage I'd change lifters and cam bearing. Pretty easy job to do if you're handy with a wrench.
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