Wow thank you for the quick feedback...i checked the carfax and it checks out fine. The seller claims that the timing belt is done (he says there is a sticker). He also claims that the previous owner had an extended warranty past 60000 miles but i'm not sure when it expired. I will check the AC and PS pump closely, thanks for the hint. I think I will call the Lexus dealership down there tomorrow and ask how much an inspection is, it would be great to have the extra piece of mind. It is a lot of cash for a 92 but I am a sucker for gold....hehe
Question...Can you call the dealer and ask for service history if you are not the registered owner?