based on the budget, has your friend considered a 70-72 base/Esprit built as a Trans Am?
There are many out there, and they can be bought for a fraction of the cost of a legitimate 22887XXXXXXXX car.
Not exactly on topic, but I recently received a Hemmings(?) email about a 1973 Formula 455 which was "restored" as Trans Am...
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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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