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Buy it!
I bought a 1998 Toyota Land Cruiser and put 150K on it before I sold it. The engine and drivetrain is flawless. The 4.7 liter V8 was developed for Lexus (I had it in my 1991 Lexus LS400). Your dad's Tundra will easily do 250K plus without any issues. I'm not a car dealer but I do trade up to three cars a year. Out of all the makes I purchase and sell, Toyota, Lexus, and Honda have been the best. My Land Rovers, Fords, Olds, and for that matter, the RX-7 was problematic.
You can't go wrong with Tundra. I have four children all under 11 years old. The back seats are a bit upright for adults but the kids have a good time. I had an Auiovox ceiuling mounted TV put into it and I don't hear a peep no matter how long the trip.
Tundras are the best "almost" full size trucks out there. In my business I have a fleet of F-150's that have my employees drive. The resail is horrible and there are several recall and service issues. The F-150 is a good truck but when it came to owning one, I bought a Tundra despite the fact that the Ford fleet manager offered me a F-150 Lariat at dealer net. That should tell you something.
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