OK Chicane, I'll take the bait. What is so funny about the price? Granted, I will freely admit that I don't know squat about the car aside from the pics; however, if the reality matches the pictures, then, in my opinion, that car is reasonably priced. Heck, there is probably over $10K in that engine alone (I should know, I have Carl's 1.3 Motronic conversion) and the interior and paint looks outstanding. The front airdam is not my cup of tea, but it looks well executed.
I've had four coupes now and have learned the hard way that unless you want a project and/or you want to do a lot of the work yourself, the way to instant coupe gratification is to buy the best one available (at your price of course); otherwise, you will most likely sink $30K+ to get it to a high level. Case in point, I have a '74 CS auto that I bought for $11K which, for me, was worth the high price because it is rust free. The engine and interior are perfectly fine as is, but because I want to put my stamp on it with an FI, 5sp, 3.5L and a new leather interior, I'm willing to bet that after all is completed, I will have about $30K spent on it.
I think with coupe purchasing it is either pay big $$$ up front for a solid example or save $ up front, buy a less solid car and be prepared to spend $$$ anyway, just over a longer period of time.
Yes, the economy is still weak, but if the seller is pateint, I'm willing to bet it will sell for around the asking price.
-Walt