To me it's seems the prior owner made poor investment decisions (e.g. too much on a high mileage car) and now wants to pass that cost on. It's still a car with high miles and many faliure modes not addressed, e.g. the ones that can't really be addressed. You should be able to find one with around 80K miles that has had many of the major service items addressed (IMS, water pump, collant tank, AOS, etc...) for at or lower than that price....pass...
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