I'm sure the car is worth that much, but yes, you are quite correct as it is way overpriced if he actually wants a sale. Very few will pay even close to that unless they absolutely love every facet of his build and 'must have it'. He's going to be waiting a loooong time most likely.
2001 Trans Am Convertible Red w/ taupe top (A4)
2007 Ford Mustang GT/CS Convertible White w/ black top (5 speed)
1974 AMC Matador X Red (3 speed auto)