Is This Salvage 2001 Corvette actually worth $11,500?

[Javier A]

I Called the owner of the corvette and he told me 11,500 and i just want to know if it's actually worth that much. Here is the website with the info of the car:

http://sandiego.craigslist.org/esd/cto/1413231237.html

Please Reply ASAP Thank You
he is a senior citizen so i don't think he will be abusing it