Most likely you have just discovered why the truck is for sale: it could cost more to fix the transmission than the 24 year old truck will be worth after its fixed. If it was an easy fix the seller would have already fixed it and priced it higher. The seller is trying to get more than salvage value by selling the truck privately.
It sounds like you should budget in the extra cost to install a remanufactured transmission and while it's apart have the clutch rebuilt, throw out bearing replaced and engine rear main seal replaced. Hopefully old parts are can still be traded-in as useable cores, if not add on the core charges. Look up the "private sale" value of the truck and deduct the cost of the repairs to get a maximum price for the truck "as-is". This one could be a money pit even if it was free.
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Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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