I got in touch with the individual who was auctioning the car. Here is what he said,
"Auction ran up to 33K, but this was before the last minute snipers. We got a local buyer, oferred 35K after inspecting the car in person, so we ended the auction after he called with the offer. Now...he says his financing did not come through. I am becoming seriously allergic to flakes. And it is probably the last time I help a coworker sell a car.
IOW< this black.tan 88.5 F 328 is available for $35K, or the guy keeps it.
Needs service and few cosmetic issues resolved. Located near Oakland, CA.
Myself, I am looking for something to replace the 74 Spider I sold."
35K is still a excelent price for the car. If anyone (Andrew) is interested let me know and I'll put you in touch with the seller. Especially those of you (Andrew) in the San Francisco/Oakland area.