"We have an appraisal in hand that puts this car at an appraised value of $295,000."

Who ever appraised that car at that number must have been smoking something very very good. Without the Foose name and wheels, that car could be built for way under $100,000 and have a LOT more - EFI, overdrive, aftermarket suspension, etc. Chip is very talented, but that doesn't justify adding 3x the value of the car.
"This is a true, one family owned car that has been in California its entire life.'
Oh really ? The family lived in Florida for a period of time and the car was shown in Florida along with the sons Barracuda.