It's got oil on it - when you touch it your fingers get oily, I bought it a year ago and it had been oiled 2 months previous before the lad sold his car. You can also get the oil kits on Ebay for £3-5. £25?
£40 it is then! PM me and let me know where you'd like to meet for it, I can meet you after 6 any time during the week.