I don't think it is a bad deal for a 4x4 CM Limited. $30k would be a better deal, but I don't think $32k is bad. You could gamble, and tell him to try craigs and see what happens, and maybe after he gets a bunch of tire kickers and deadbeats, he'll come back to you and gladly accept your $30k check. Or else, maybe there is that one person out there, who is willing to spend the $34k right now...who knows. I guess it just depends on how important that $2k is to you.
Here's a little hint though. (I don't claim to know wtf I'm talking about, but still). People who are going to spend $30k+ on something like that, aren't impressed by the mods. In fact, most people are turned off by them. A lot of guys are finding that it is hard to sell their trucks with lift kits, mods, etc. To a consumer, all that stuff means "truck has been abused". Especially if your friend is a young man, it will be hard for him to try to convince a grown man that the truck has been "babied", and immaculately cared for. (not trying to sound harsh with that statement). He will be advertising to a very small audience...kids. (young men). Not all young men have the ability to come up with that kind of money, or have good enough credit yet to finance that kind of money.
In 2009, when I was shopping for a 2007 Tundra, the 2wd Limited CM's were going for $29-33k or so, and the 4x4 Limited CM's were going for $30-35k or so...mileage being the biggest factor in price. Those were 2 year old trucks. You are talking about almost a 3 year old truck. I'm sure times have changed, but figured I'd throw it out there.
If it was me, I'd gamble on him not being able to get a lot of interest on Craigslist at that price point, and get ready to write him that check for $30k
You can hedge your bet, and tell him "Look, my offer of $30k stands. If you get a legitimate
offer higher than mine from craigs, let me know, and give me first shot at beating that offer (unless it is crazy)".
Good luck, and don't worry, there will be deals out there....pretty soon