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80q to buy or not?

need input. have the chance to pick up a 1990 80q 5 speed in colorado for 
around $7k. Had my daughter check car out and it is "perfect". Called the 
fellow who owns it this weekend. He had it checked in Boulder at Stammler 
 Audi and found it could use belts and water pump. He had those changed 
for $360. Car has 123,863 miles on it but not a nick on it and the seats 
look like they were never sat on.
I own a '86 5000cst now which is great for freeway travel but a bit large 
for around town. Input is as always appreciated.
Rod Michaelson
walnut creek, ca