If you want a cheap 2001, 2720 and live anywhere near North Carolina, check out my post in the for sale site. Of course, you're buddy will probably be upset if he sees somebody else's TM in your driveway...
Aside from my shameless plug for my own sale, does your buddy have the receipt or evidence of the factory repair? It seems if it was factory repaired you'd be in good shape because the factory won't want a liability like that hanging over their head unless they were sure it was fixed and safe.
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