A newer K75S is better. If you can, buy a 1992 or later.
Improvements over the K75S lifespan:
1989 - Better piston tings that reduce smoky startups.
1989/90 - ABS became available
1990 - Hardened transmission input splines
1992 - Showa forks
1994 - 50 amp alternator (previous was 33 amps)
The ABS is fist generation ABS so it is rather crude and "chunky" (long cycle time) but it does work. Some people like it, some don't. I like it but it wouldn't keep me from buying a nice non-ABS bike.
The 50A alternator isn't really necessary unless you plan to run a lot of electrical extras like aux lights and heated gear. (It's not that hard to upgrade the alternator later)
Earlier K75S models have Y-spoke wheels. I prefer the later 3-spoke wheels because they are easier to keep clean. The alloy of the 3-spoke wheels is a little softer so it can bend if you hit man-eating potholes at speed. (But I still prefer them.)

Ask the seller the last time(mileage) that the clutch splines were lubed.
Check underneath for gear oil leaking from the weep hole in bottom middle front of the transmission. (Right in front of the center stand bracket.) It's normal for there to be road grime down there but if that hole is leaking gear oil (smells like sulfur) then it means that either the main seal or clutch nut O-ring has gone bad. Replacing either of those is a major project.

If/when you test ride a K75S it is normal for the K75S instrument cluster (and possibly fairing) to bounce around a bit. The main bracket that holds the fairing and cluster to the steering head is made of plastic which can flex a little. The cluster mounting is insulated with rubber which is why it bounces around.
Red K75Ss are fastest.