Sounds like it was not taken care of very well,, therefore lack of mantainence. Ripped seat, wont run- "but its an easy fix"- tip offs to me. Look it over close. Look for crackedtunnel and/or bulkhead, busted skid and related parts, track ripped/tearouts, cracked exhaust pipe. Yeah,it's cheap, but you could spend LOTS of $$ making it rideable. JMO. snap
"He who dies with the most toys,,still dies."