Unless it is in pristine shape, I wouldn't feel comfortable paying that much for a 23-year-old rig. At 96K miles, if the t-belt was never changed (a distinct possibility), then it's due. They are supposed to be changed every 105,ooo miles or 7 years.
They are pretty much a mechanical 4x4 with a fully boxed frame. The Gen2 use electronics to shift the transfer case, which adds complexity and more points of failure. But they also have a 4.0L engine that's stronger than anything in Gen1.
If I saw $11K at the dealer and wanted to talk to them, they'd have to come down to closer to $5k or $6k. And I have even less budget than you do.
They are pretty much a mechanical 4x4 with a fully boxed frame. The Gen2 use electronics to shift the transfer case, which adds complexity and more points of failure. But they also have a 4.0L engine that's stronger than anything in Gen1.
If I saw $11K at the dealer and wanted to talk to them, they'd have to come down to closer to $5k or $6k. And I have even less budget than you do.