I owned one back in the 70's. So I'm allowed to knock them.It depends on the model, yr. it was made. the last of them were not great.
I have 2 IX-C Full size models that never fail.
I would buy it outright, It's not worth the springfield xd 9.
However there are parts out there. Llama used to make a fine 1911, IF it is a true Llama 1911.
I do not know why people knock Llama's, after never owning one.
My 1st Llama 1911 fired over 20,000 rds. before it broke, replaced it with a new colt barrel worked like a champ.
sold it yrs. ago when times got bad.
But I will tell you, there are many internal parts that can be replaced with colt parts, I know because I have done it.
If it is a double stack, mags. are hard to find and expensive. But I stocked up when I could. I am a firm believer in 10 mags per.
weapon so I have what I need.
There is a sight, can't remember which that list interchangeable parts for Llama, some colt some kimber and some Para-ord. parts interchange.
Para-ord mags. can be made to fit, it depends on model, double stack mags fit after widening the mage catch.
Hope this helps.