He apparently didn't put a new engine in at 177,000 km; it says New Engine, but then it says replaced valve guides, valve stem seals and head gasket. That isn't a new engine, it is a repair.
It is also a US car, from Las Vegas (where it had two accidents, according to the history report). Any US car in Canada has a reduced resale value. Also makes you wonder why he is using km (lower apparent mileage?) and selling in US dollars, if the car is in Canada.
The vehicle is also listed on Autotrader (four times). Right next to a 2004 3.0 for the same price. And a 2004 4.4 for $38k. Maybe those are the benchmarks he used to set his price.
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