Imagine the worst condition 911 you've ever encountered, inside and out, including some sort of replacement fiberglass targa top (and who even makes s*** like that?), an engine, tranny, clutch and brakes that need to be completely replaced. Sooo you'd be investing $30,000ish to get the car to be worth $16,000 and still depreciating? Sounds like an offer of $250 to me.
But better yet --
RUN, FOREST, RUN! 