Well as they say, seeing is believing and whoever buys that car at that price is going to be seriously disappointed. If anyone on this list is bidding and hasn't seen the car, contact me off list I can give you a list of items that disturb me.
His reserve is close to $55K and apparently it was purchased by a big auto dealer at a BJ auction several years ago and that's what he paid. Good Luck with all that, "Caveat Emptor" and all that.