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Fair price for 99 kx125?

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I'm looking around for a cheap bike and my buddy has a 99 kx 125 that hasn't been started in years.  He bought it in 2001 or so, trail rode it off and on for a couple years, and it's been sitting in his shed ever since.  I know he maintained his bike when he rode it, so I'm thinking at best it needs a carb cleaning, new plug and new fluids.  Do u guys think if I offer him $800 it's a fair price for the two of us?  Obviously neither of us really knows how much tlc it needs, but it could be running for pretty cheap best case scenario.  What do u guys think?

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Sounds fair as long as the motor turns over. At least then you'll know if you need to throw a crank at it right away or not. I imagine it needs everything gone through, even the motor. Look closely at the bike and you will get an idea of what it will need externally (leaking fork seals, shock leaking, tires, etc.). It does have the potential to be up and running cheap though

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