"Gutsy" is a pretty diplomatic way to put it. I'm not quite sure what a "5 PEED MANUAL CAR" is but it may be an apt description. Maybe this guy saw what a wrecked Duetto would bring and figured this car was worth 5X that cuz it's newer? Oh well, I'm sure he'll find out soon enough.
At the other end of the value spectrum, a decent-looking '79 spider just appeared on the Orange County Craigs List priced at $1,750. See: 1979 alfa romeo The entire description reads: "Runs and drive good, nice paint, fuel injected 4 cyl.. 714 322 1897 714 248-6111"