You might have problems going back to the guy who sold you the bike if it was a private sale. The bike was 'sold as seen', and I don't think a LBS would honour warranty on a 'used' bike. They will argue it was mistreated by the previous owner.
Buying second-handers is risky. Some are perfick. Some go wrong, are temporary fixed and sold quick if they are over twelve months old.
Although it is an 08 model, it might have hit the shops in October - November 07.
Is the hub a 'sealed race' ( cartridge ) unit. The precision races may not be parallel. They will require a LBS to press them square.