A V is a good airplane. The only down-side is the age of the avionics if no upgrades have taken place. Even with a up-dated FMS you still aren't going to
be able to couple to VNAV or WAAS approaches. Honeywell doesn't seem to
interested in making these old avionics interface with anything newer.
Put a V into FltPlan.com and look at fuel burn numbers. As with any old airframe it's previous life has a big effect on current costs.
Dave