't afford

So, this dude posts on a local bike forum about a track frame for sale, no details, no pics, but I was curious, so I emailed him (mistake #1).

He replies that it's a 70's Frejus that he's selling for his Dad, and he wants ~$300 for it, but seems to REALLY need to sell it, so I bet he'd bite for like $250. All I/he knows about the componentry is that the cranks are Japanese replacements because the originals broke. He says there's a little oxidation on the paint.

I can't see it in person unless he has his dad bring it to town, which he obviously doesn't want to do unless I'm "serious" about considering it.

So basically what I want (or don't want) to know is whether this bike is too good a deal to let go, or whether I should just ignore this horrible temptation.