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I am fond of the old Datsun and Toyota trucks and wish someone still made something comparable, but 30 years can take a toll on some things that are difficult/expensive to replace.
I'd start with the rear differential. Ring and pinion wear, rear axle bearing wear, seal leaks, etc; at its age it is very easy for lack of maintenance to wind up with a differential needing a complete rebuild ($1200 or so) or replacement. The problems that can arise are seldom noticeable on a test drive.
Transmission problems, on the other hand, are usually pretty noticeable. If its a manual you are lucky, as they usually last about forever. Make sure if its an automatic that it shifts through all the gears smoothly and doesn't have any unusual noises. Often if a vehicle has sat for some time it's internals (bearings and gears) will develop rust spots that will take a few miles of driving to manifest as problems.
Brakes are another thing to look at. Have the rotors and drums measured and the linings looked at, and verify that nothing is frozen up or leaking. If it has any original rubber, keep in mind that it wasn't designed to last 30 years. It wouldn't be unusual for the whole thing to need replaced: hydraulics, linings, drums and rotors, for $700 or so.
Suspension parts are also very likely to be worn and aged badly. One thing the truck didn't have was a very stout or easily worked on suspension, at least compared to modern trucks. And, as with the brake stuff, rubber bushings weren't really made to last that long. You'd have to jack it up to check most things, It's also a good idea, given the age, to check that it hasn't had parts or frame ever bent in a collision. An alignment shop could check the wheel alignment, verify parts soundness, and check for collision damage at the same time.
Thats about all that comes to mind...I hope it works out, and good luck!
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