Worth the money?

Hey Guys, it's been a while since i've been here. Recently I've gotten a check from the insurance company from the wreck i had back in Dec. '08 and i've looked around for a couple of weeks for another mustang. Well i finally came across an old man who has a 1994 SVT Cobra in Rio Red & Black leather interior with only 82,000 miles on it and he's asking $4700 for it.

The Good: It's a genuine cobra, clear title, 3.73's, Double cobra R hood, pro 5.0 shifter, edlebrock upper & lower intake, 70mm throttle body & MAF, K&N filter, 4 new tires on '95 style chrome cobra R's, BBK headers with catless H-pipe and flowmasters, and a gear drive timing set.

The Bad: The hood, front bumper cover, and both front fenders need a new coat of clearcoat. Someone painted the interior trim in a metal flake paint (looks stupid), the transmission makes a grinding noise when you release the clutch (could be a throwout bearing), and it's been wrecked in the front and rear but repaired 7 years ago.

I was just hoping to get someone's opinion before i bought it as to whether that price was right or do i need to try and get them to lower it.