If he has the provenance to show it was used in GoodFellas and other productions, this would be a double feather in a movie car collector's collection. This should be on eBay for that reason.
That car was never "featured" in Goodfellas, it may have been a background vehicle. "WILL LIKE TO SELL FOR $3950", I like to sell car with rod knock for 4k too. The car isn't worth fixing unless you have a thing for Cadillacs.
The Only two 79's I could find pictures of are these I guess it could be the pink one? But I do not think it was one of the main Characters cars, maybe a background car, who knows.
I thought the one gang member bought a new Caddy with his share, causing DeNiro's character to start losing his s#1t about not making any purchases. I couldn't find the scene, but it's when the gang member comes through the door of, I think, a restaurant or home, and a red Caddy was parked at the curb. It's been a very long time since I saw it last, and my memory's about as short as my...well...you know....
Oh, it was pink? Wait, yeah, now I remember, as the camera moved in, the soundtrack played the 'Piano Outro' from Derek and the Dominos' "Layla." Now I remember. Could've sworn the car was red, but oh, well. Hafta see it again.