If coolant is leaking only when it is running, chances are it is a bad water pump. You can buy or "rent" (buy it, use it, and return it for a full refund) a cooling system pressure tester from most auto parts chain stores (Autozone, Oreiley, etc).
Pull the radiator cap, connect the tester to the radiator, pump it up and look for a leak. If the water pump is bad, you should be able to see coolant coming out the weep hole of the pump shaft. If that is the only problem (not a blown head gasket), I would not hesitate to buy the car at that price. A water pump job is an easy fix on these cars. When (and if) you go to get the new part, make sure to tell the parts guy if you have V belts, or serpentine belt. The serpentine belt pump turns counter-clockwise, and will not pump correctly if used on a V belt engine (and vice-versa).