Joined: Mar 2011
Posts: 457
Likes: 0
From: Chapel Hill
Bikes: Canfield Yelli Screamy, Pivot Mach5, Specialized Roubaix, '65 Hercules, '79 Schwinn Stingray Lil Chic, '68 Schwinn Stingray Fastback, '89 Specialized Allez Epic, '86 Battaglin World Champion
It's definitely an 07 model. If it is ready to ride, $350 is a decent deal. Maybe see if he can take $300 on it, but $350 is not overpaying.
This is a much better option than upgrading your current bike.