VFR's are great bikes and you can't really go wrong with one. They are very well built, easy to ride and can keep up with a lot of sports bikes if the mood takes you.
The riding position and softer suspension over a usual sports bike makes it agreat road bike and it would open up a lot of different riding experiences due to it being a bit of a 'jack of all' bike. They're quick bikes that'll take you out for a blast with sports bikes without getting dropped, through Europe with a pillion, down to the shops or just to work without any ssues. It should be all the bike you'll ever need.
The V4 engine is lovely to ride, very smooth and it makes a nice noise even with the standard exhaust.
I've had 3 VFR800's since I passed my test in 98 and I've got to say it's pretty much my favourite bike. I've owned a 98 and 00 'pre-vtec' and an 02 vtec. They've all been great bikes however if I had to choose a favourite version then it would be the pre-vtec.
The vtec model came out in 02, so the model your looking at could be either. You'll know immediately as the pre-vtec has a single exhaust can at the side of the bike and the vtec has twin underseat cans.
The vtec on my 02 model sometimes felt like a bit of an on/off switch and I ended up choosing a higher gear than normal when entering wet roundabouts etc so as to not upset the balance of the bike.
It was still a great bike though and the only real negative I could see for a new rider would be the size and weight. Although that depends on your own size and weight!!! I'm just over 5ft 7 and around 11 stone and I was riding one within 6 mths of passing my test without any issues.
If you can get the bike at trade price then go for it. You should be able to sell it easy enough, especially if its a pre-vtec model.