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WOW! I'm not a fan of the interior - but the car looks like it is in great shape. Like other have said, you could put $15k in her and not be upside down. Or, just do a quick flip. BUY IT!
In a sense I feel for the seller. I do not know the details but it appears is someone who either trusted or did not check market prices.
I feel the same about a lot of the subject matter on TV shows such as American Picker and Chasing Classic Cars. Sometimes they prey on ignorant sellers or heirs.