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unreasonably priced 142E 140-160 1971

I recently payed a visit to a friend of mine, and he was showing me his completely restored 1971 142-E.don't get me wrong, it is a nice car.
It has a street performance cam,three point valve job,bored .010 over,new factory header,
"iPd volvo" valve cover,new interior,rally gauges,completly rebuilt suspension,no rust, but he wants $12,000-$15,000 for it.
if it was a P1800 I could see getting that much,but not many people just wake up one morning and say "I want a hoped-up 142,oh and can it be pale-green too!"
good lord,he had the car repainted, and could'nt think of a better color than pale-green.
is this price unreasonable?
How much would you pay for it if it was for sale?






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