A fellow forum member and a friend of mine is thinking about buying the following car off a friend. what do u guys reckon? should he buy it?

93 Honda Civic GL

pros:
B18C engine with front brake conversion from a vtir integra
new metallic black paint with a gold pearl
gold 17' neo lenso rims
full body kit including sideskirts, front and rear bar. (not too outrageous,
looks subtle. really nice and clean)
crx bucket seats
full 2.5' exhaust
4-2-1 headers
pod filter
microtech + controller
gold 17' neo lenso rims
alarm system with window lifters, engine warmer.
black window tints

cons:
rear drum brakes
no air conditioning unit
the interior was a mess, dodgy green colour painted terribly on roof and all plastic moulding

the engine has travelled under 80k kms
odometer reads 160k km.

the price... cheap as dirt $12,000

this is his situation:
He has little driving experience and is worried that if he damages the car he wont b able to pay the repair bills.
comprehensive insurance is out of the question as its unreasonable priced.
having no a/c really bugs him. and doesnt want to pay too much to get one installed.
If he doesnt get this car, he will most likely get an Si civic or an Si prelude to the value of 10k anyway.

i reckon this is a heaps good deal.
taking into account he can source interior parts for very cheap.

and would any1 know how much an a/c unit costs to install?