I have a hard time believeing that number. I have a copy of an '82 Turbo GN window sticker:
1982 Regal Sport Coupe $9.738.06
T2E 'Grand National' package $3278.00 (This is the special stuff the Cars & Concepts did)
CC1 Hatch Roof (T Tops) $790.00
C60 Air Conditioning $675
UM6 ETR Radio Cassette $555.00
D55 Full Console $100.00
That plus all the other options pushed the price to $16,578.06
I'd figure my plain '83 T Type came in at about 11 grand.