The old rule of thumb was that 5% THD was visible on a CRO.
If you are looking for a used -hp THD meter, I recommend the 333A, 334A, or 339A, which all have auto-null capability (after gross tuning). The 331A and 332A require manual nulling, but otherwise work well. The 332A and 334A also have an AM detector, which is only needed for broadcasters. My 339A is better than the spec of 0.002% THD (instrument-induced distortion). An advantage of the 339 is that it will normalize to the input level should it change during your adjustments.