I use my IV in the surf and bushwalking for years and never replaced any seals. just kept them lubed and cleaned. Yes, deep work requires some replacements, for sure. And always wash it propoerly in clean water back home.
I would never buy one off ebay as they are so prone to harsh treatment and rough environments. Any picture can hide faults. Buy from a shop or someone you know well, or from a camera fair. I have been ripped severely by ebay sellers quite a few times. It is such a haven for liars and conmen. The virtual anonymity is so attractive for dirtbags. Talk to the camera shop owners - they are typically fair dinkum and serious about their reputation.