Equipment
Tired and used older restoration. Hub caps rusty, cheap tires, headlights hood scratched. Its neglected but appears sound and probably just needs attention. Paint can be salvaged with elbow grease; interior is sound.
Market commentary
Trying to sell a poorly presented car is always a problem but nowhere is it harder than at the auction where a seller has maybe 10 seconds to make an impression on buyers. When that first impression is bad the buyers turn their attention elsewhere and a $10,000 car like this gets bid to only $7,000 most of which probably came from out of thin air.