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Sounds like a good one to back away from. There's a lot of 100k+ E39 540/6 for under $10k. If the maintenance stuff has been done the miles aren't scary, but it sounds like the current owner cares more about looks and a stereo.
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
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