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These people see "Corvette" and they think $$$. The place selling it probably bought it at auction for between $500 to $1000.
There is a local used car lot who has a earlier C4 with a greenwood kit and they want $12,000 for it. I think it's a '87. It's been there for over a year.
From: Good health is merely the slowest possible rate at which one can die
St. Jude Donor '04-'05-'06-'07
While probably fixable, it's not worth it at that price. It should be bought for parts car value which it'll probably end up as when these dipsticks get tired of sitting on it. It's not worth much over that if it were a driver. I wouldn't even go a grand on it unless I had need of many of the parts myself. There is such an abundance of early C4s being parted out now that it's barely worth a grand for that.