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Good Deal for Road Bike? Neighbor too old to ride offered to sell

No.1495932 ViewReplyOriginalReport
Was taking out my bike for a ride when my neighbor asked me what I was riding, I was on an old bike I found on side of the road, never owned a good bike. He said he can't ride anymore because he had knee surgeries and he is in his 70s now, he said he has his streetbike hanging up in his garage for the past 3-4 years. I asked him how much he would sell it for and he said $150 he was gonna put it online for, I offered $80 and he said it's sold. It's a Trek with Gatorskin tires and a top gear seat and the chain looks good, tomorrow he is gonna take it down hanging from the garage and pump up the tires and let me take it for a ride to see if I want to buy it. Is this a good deal, for $80? Should I buy it? I don't know the most about bikes and have never owned a road bike before always rode mountain bikes people were throwing out. Do I buy this?

> Pic is bike flipped upside down hanging from garage I rotated is 180° so you don't have to look at it upside down