When I was searching for a 7 in my area we had 2 (and the one that I bought... so 3) in our area. One of them was an s5 turbo that went for $5500 within a week(so its not really that much different here than canada). And the other is a hooked up 7 with all the exterior/interior goodies and nothing wild under the hood going for $6500. I looked at a turbo that I almost paid $1300 with 2 engines... and I got mine for $400 with a blown(maybe?) motor.... So 1000-1500 wouldnt be too much for that car.

 

Ya around where I live people really dont seem to care about 7s. Everybody likes Mitsubishis and Hondas and stuff. They like stuff that has parts readily available to mod so there is almost no thinking involved. People around here like my car but it is not there thing. If it is like that where you live you can wait it out and get it cheaper. Here is my car I paid $3k for in 2003. I bought it off Ebay and had it shipped. There is hardly any TIIs in my neck of the woods.

 

I just bought my 88TII for 4500 and it has 86k miles, runs like a champ!!

 

I bought my 88 TII with 90k for 3600, and it too runs like a champ!
That was over a year ago.