The lights are in perfect working order (bulbs/wires/etc) and the casing is in excellent condition. There are only a few little marks which I'm sure you can remove with Jiff of something. The 'Sprinter' badge bit is what you see in the picture and NOT the work of photoshop. It is just a Vinyl sticker which can be easily removed to bring back the 'sprinter' badge.
The plastic fins which hold the bolts onto the back of the 'Toyota' badge have cracked due to brittleness but I have repaired them with Zappa-Gap (haha my best friend ) This is NOT visible from the outside.
Well $50 price drop already made me squinch, but in genuiness you can come take a look in person to scope the condition with the price.