Solara, rebuilt from total-loss rollover/theft, thoughts on value?

It's a pretty simple question, theres a 2000 Solara I'm looking at and the history of the car is that it was stolen, rolled over, declared a total loss, and rebuilt. The only way I'd go for this car knowing that is if I got a massive cut in the price of the vehicle. But what kind of dip should I put into my offer?

The car is going for $16k cdn, other similarly equipped models are going for $17-20k.

I would NOT touch that car. Most insurance companies will only cover liability on a totalled car, also resale value is very low. Not to mention all the problems the car may have now or down the road. If your gonna buy a totalled car, then I would only go as far as hail damage if it has been repaired properly.