i seen that car on ebay also...
$1500 by it now is great, but i dont know about the condition of the car...the way he makes it sound, you have a 50/50 chance of this car being a lemon. there are a lot of little things wrong with it, like most used cars, but still...he said he will part the car out on ebay if nobody buys it, meaning it needs some serious work.
it needs a paintjob fairly bad, the paint on your bonnie right now looks awesome.
id keep looking, you can still find a deal. i searched ebay everyday for months before i found mine!