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Definately not worth a couple of grand in my eyes... its a CAT D as well.. in standard form I'd be expecting £1500 for that. As it is it probably went about right as with that money spent on it you've saved 200 quid if you get a set of wheels for £100-150.
However looking at the mods, he probably repaired it himself and probably did as bad a job repairing it as he did modding it. Along with the fact he has probably ragged the s**t out it whilst he has owned it... resulting in only a r****d wanting to buying it!