svx skips second gear?

[Svxstyle]

Hi, I've been lurking for quite a while and reading up on the svx as I would like to get one. I ran across this one on craigslist http://denver.craigslist.org/cto/1249592319.html for very a very low price, but the ad says it "skips" second gear. I'm wondering what could cause this and if it means it needs a new transmission or if its something else.
My budget for buying one of these is 5-7k, but for the price this kid is asking and the low-ish mileage the car has, its hard not to wonder if its worth getting a cheap one and fixing it up.

At any rate I was wondering if anyone else had encountered the second gear thing and how involved it is to fix it. I'd prefer a pearly but this is close and looks pretty good (in the pics, haven't gone to see it yet.)