I think the whole key is the asking price;
I think the nail was hit on the head suggesting that the asking price is for an "investment quality" car, but by all appearances, this car falls short of that mark.
I'd love to have it in my garage, but can think of a same-year Formula 400 that I'd buy first, and still have $30k in the bank.
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1970 Formula 400
Carousel Red paint on Black standard interior
A no-engine, no-transmission, no-wheel option car.
Quite likely one of few '70 Muncie three speed Formula 400's left.
1991 Grand Am: 14.4 @ 93.7mph (DA corrected) (retired DD, stock appearing)
2009 Cobalt SS: 13.9 @ 103mph (current DD; makes something north of 300hp & 350ft/lbs)
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