Power Door Locks
Single Compact Disc
Dual Front Air Bags
Consumer Rated Condition: Excellent
"Excellent" condition means that the vehicle looks great, is in excellent mechanical condition and needs no reconditioning. It should pass a smog inspection. The engine compartment should be clean, with no fluid leaks. The paint is glossy and the body and interior are free of any wear or visible defects. There is no rust. The tires are the proper size and match and are new or nearly new. A clean title history is assumed. This is an exceptional vehicle.
Private Party Value $4,150
Private Party value represents what you might expect to pay for a used car when purchasing from a private party. It may also represent the value you might expect to receive when selling your own used car to another private party.
Blue Book value doesn't mean much. Market value is what's important, but it's somewhat hard to judge that. Edmunds.com does a good job at giving you an idea of what you should be looking at, though.
As for that car, it seems a little too good to be true. Unless the market sucks in that guy's area, $2900 is fishy cheap. I just (as in less than two weeks ago) picked up my '94 SE with 103K for $3600.
Make sure you get it checked thoroughly and get a CarFax done on it, as well.