I appreciate all the feedback! Looks like everyone is on the same page. I am a little surprised that some think $12k is on the high side. We buy fully dressed 4.0l S65's semi-regularly for our Grand-Am program at that price point. I will give it some more thought. I guess I should add that the motor has approx. 8-10 hrs. on it.
As for the car, it was built to Grand-Am Continental GS spec. The customer changed course and went another route. So as it sits it has a Full cage, fuel cell, motons, etc... The price he put on the car was north of $90k.
Which is why I agree the motor swap is the best route. Thanks again!