[E Sully]

Price and value are subjective things. The stock market variations we see all the time show this. Stock price rarely shows a companies real worth, just what the trend at that moment is. The car in question was worth $24,100 on that day. Someone was willing to pay that price for it. If he tries to sell it in 6 months what will it be worth? You won't know till it happens.
As Techweenie said, some people buy with their heart. If you can afford it that is great. As the housing market showed a lot of people bought with their hearts, expecting the economy to make it a good investment. Sometimes it goes the other way. Are your pockets deep enough if the something goes wrong?
My comments were not to hurt the seller. He is an experienced and knowledgeable man with cars. I was giving information to someone who was considering buying. Having owned a similar car for over 24 years I gave my"opinion". I know what it costs to own and maintain one. I know the likelihood of it being rust free. When I peel back the PVC undercoating on mine that looks great, I may find rust in some areas. At about 100,000 undocumented miles it could be very expensive to drive. Right now it runs great. Well maybe, but so did mine till the chain tensioner failed after I had the car for a month. High mileage with no records means anything can go wrong tomorrow. Buyers should be aware of what a repaint , an engine rebuild, a transmission rebuild costs. It could easily exceed the price this car sold for. Old cars and hard to find parts that are very expensive, especially a 6 month only car with many one model only parts.
I would have stopped at about $20,000. if I had been interested. I only paid $6,000 for my car, but since that was in 1987 it means nothing today. I do know the serial numbers are correct for the engine, chassis, and transmission. The seller of this car did not want to spend the $120. to prove it. Garage queens with documentation sell for considerably more.
I hope this thread gave you some information to help you buy the car of your dreams at a price you can afford to keep it. Too many nice cars rust in Barns because the owner did not have the resources to maintain it.