You can't trust the mileage on 2nd hand bikes anyway.
Its nearly always fiction ..
On high mile bikes you will find the bodywork, suspension and cosmetics are what suffer not the engines.
Its a piece of piss to rebuild a ZXR; the 2nd gear issue for example is just a case of worn dogs. Nothing major or terminal.
Can be replaced in a weekend as part of a high mile strip down, clean up and tune up.
Head gaskets will be replaced every couple of years on these bikes anyway. 
Look at the overall cosmetic condition of the machine. If its good, and there's no issues with the engine then its fine.
As I said, the body and springs go long before the engines do.
When buying look at things like:
1. Number of previous owners
2. Overall cosmetic condition
3. State of the chain & sprocks
4. Oil level in engine and the colour of it 
5. Wheel rims, check for marks or tooling scratches.
6. Calipers for muck/grime and pad life remaining
7. If you can test ride it, check the wheel bearings
8. Check the head bearings arent notchy/loose
9. Make sure all the switchgear works A-Ok. Accept no substitute
10. Hot start the bike to make sure it doesnt have the nefarious hot start issue
11. What colour is the brake fluid in the master reservoir?
12.  Is the engine cold when you get there. Ask specifically to ensure it is or walk away.
13. When you start the bike does it idle smoothly or does the rev needle jump around all over the pace and the carbs splutter?
14. Any top end rattle thats really audible? 
15. Any cam chain chatter?
16. Does the bike smoke?
17. Whats the gearbox like?
18. Do the brakes work?
19. Do the brake lights work?
20. What do you think of the owner; is he scruffy? Ignorant about bikes? How friendly is he - offer you a cup of tea? Is he pushy or relaxed? Does he look to the left or the right when answering questions - indicating a lie etc.
Special: If it doesnt have the original can, levers, indicators etc. Where are they? Make sure you have a OEM can for MOT time.
Remember, nobody is your 'mate'. You don't owe them courtesy unless they show you some. 
Never, ever, ever, ever, ever buy a bike on first viewing. Always go away and think about it. Call them in  24 hrs with your decision. 
Likewise never accept the opening price unless they are the sort who just want what its worth and aren't going to take to haggling etc.
Test Ride: Never under any circumstances let someone else pilot the bike for you. If you can't ride it, you don't want it.
On the test ride you aren't out to have a nice bimble. Work the suspension, brakes and gearbox; check for notchy shifts or jumping out of gear under harsh acceleration. 
Make sure the bike sounds right up the rev range and make sure it pulls beyond 12k. 
Additionally, you need to know if the fuelling is right. If its lean it will feel vague after 10k to the red line. 
If its surging on the throttle, and not returning to an idle in one smooth movement of the needle. Walk. 
Stop the bike. Get off. Wait 5 mins. Start it, does it come instantly to life?
Always take a friend with you when it comes time to actually buy the machine. Make sure you only hand over the cash when its right and you feel comfortable and the keys are in your hand. 
Don't let friendly people emotionally blackmail you into accepting their asking price. 
Likewise, don't promise you will buy it. Make it clear from the off that you are there to look at the bike and if it looks good, arrange to take a test ride. 
Only decide if you want it after the test ride. 
Make sure there is always 24 hrs between you testing it and you buying it. 
Another one might come along, cheaper in better condition. 80% of used machines will be in near mint condition with < 20k on the clocks anyway. With that in mind, you can really afford to take your time and get the right bike and the right price. Don't settle for anything less than that. Walk. There are loads of bikes out there for your budget and you might change your mind about that model/year at a later date anyway. 
And finally ..
Don't buy it because its easier than going back to square one. Thats insane, altho easy to do. I have done it.  
If they are asking too much and won't budge, then walk. Most sellers of used machines are only after the muppet who will pay more than its worth. Many have no intention of selling their bike for its true value, under any circumstances. This is often the case in 'silly season' from June to August. Try and suss them out before you waste your time.
HTH