Thanks for all the replies and input so far.
Some other details about the car:
- 5.7L (350CI)
- Std Automatic
- Has original Bose Stereo with rear amplified speakers
- Removable Hard Top smoked Lexan roof
- Runs perfect
- No idea on top speed. I got it up to 130 before running up on traffic
- Added Michelin speed rated Pilot tires a few years ago. Still like new
I think my brother and wife are in denial a bit about what the car can really bring. They are asking $12K.
I think if they get $8-9K they will be doing good.
You never know sometimes about selling cars - sometimes the right buyer comes by at the right time and his buttons are pushed...bingo! I think that's what they are hoping for.
At least it has relatively low mileage for one that old. And is in very good condition.