As with any used car, if it's maintained well, you shouldn't shy away from a high-mileage truck, especially if it's priced right. You can even use the high-mileage as a bargaining factor. If you're used to LRs already, then the D90 is not that much different. Typical rover leaks, lucas (albeit less electronics than Discos) rust, etc.
Check for rust on the following areas:
Gas Tank plate
Door bottoms (check out the bottom frame of the door assembly)
Check condition on:
OIL COOLER LINES
Body seals, weather stripping (just because it's a SW doesn't mean it's not prone to water leaks)
Listen for sticky valves, any kind of engine tiks (signs of poor maintenance)
Although some exceeded well past that mileage, you're probably not gonna have a lot of life left on a 150K engine without a rebuild at one point. Used that as a bargaining chip as well. Plenty of 4.0 engines under $3k and used ones under $2K. Another option to consider is a Tdi or a 2.8 swap.
More importantly, search the threads in this forum. Lots of questions lately for buying a 90 for the first time. Welcome aboard!
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