I have the exact same car except that mine is a '99 and I can tell you that the 5VZ-FE engine is absolutely bulletproof. 270,000 miles is pretty high, but should still be good for at least another 100,000 if you take care of it. Mine has just over 100,000 miles on it and still feels the same as it did 11 years ago. $4500 doesn't sound too bad. Just be sure to get a CARFAX or something to make sure it has a solid history.
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