When getting a major $$ deal on a car

Just read an article about buying a car that is way under priced. The article was about a very original 66,000 mile barn kept '70 Barracuda Convertible for 2k. The editor of the magazine seeing it and called to speak with the owner. He said the guy was in his eighties and had the car from new. The price was wrong as he wanted 200K for the car.

This left me wondering would you or wouldn't you.

I bought my '68 Charger 18 months ago (my dream car) from a guy who's father had owned it for 36 years and had passed. I called but I was late as some idiot had put a deposit on it. Then this fool is jerking the owner around for a month. The sellers mother, who is 84, was upset seeing the car around, reminding her of her husband of 60 years. So after a month of not hearing from the seller, I get an email asking if I'm still interested in the car. I'm shocked and tell the guy YEAH. I thought it was gone. I go about a 100 miles into Canada to look the car over, KNOWING I'm buying it. I ask the guy what would you take. He says, 22k, he pauses, then says Canadian :eek:(said like a question, not definitive). So I know I can get it for 20k CND, but I'm Very Happy with the 22k CND price for an original 383/auto/ 81,000 mile Charger, in rock solid driver condition. It was a steal in my book. I would have paid 30k CND.

Question is where would YOU draw the line, if at all.
I've been on both sides of the equation, and I hope that I was fair in both situations. If the seller is not aware of the true value of the item, I will try to make sure that they're informed, but at the same time I'm not going to walk away from a great buy because they don't know what they are doing. I had a 1997 GMC Jimmy for sale last week, cheap, just wanted to get rid of it. A woman came to see it, and within a few minutes of talking with her I realized that she had no idea what she wanted. I eventually got her to walk away from it and reconsider the minor repairs that her existing vehicle needed instead of buying something else that could be more expensive than it was worth.