I have NO doubt that this guy has that kind of cash invested in the car. It`s not hard to do.
(car,paint,g nose,wheels/tires,engine/trans, conversion,suspension,interior,exhaust)
That said, I still think it`s overpriced. 15k would be more reasonable, but still more than the average guy would be able to come up with at one time for a TOY, and GOOD LUCK getting a bank to loan you that much money for a 25 yr old car that`s not a PRISTINE undriven show car.(or even then) My .02