That is a steel! I. The early 90's I used to find very low milage 1986 and 1987 TransAm's with the WS6 package for 5,500. My 86 had 40,000 miles on it and my 87 had 35,000 it. The 87 had been garaged and had big beach towels all over the interior. That car was spotless, literally! A car hit me in the rear in my 86 after about a year and a half and then I bought the 87. Bought both for 5,500. Those cars stickered for 27,000 plus because of the WS6 package. Which is the Corvette wheels, performance axle ratio and the suspension upgrades. So cars less that 5 years old were selling for that cheap. I can tell you now you won't touch one for 5,500. I have had 4 TransAm's and boy do I wish I still had them..Yes sir, and I will even consider a one owner vehicle even if it's a little less than pristine if the price is right.
In 2017 bought my current daily driver 2007 Tundra for $5,000 when it was easily worth $15,000 back then.