I sense he would easily go down to $500 and possible down to $300-$350.
The lack of a distributor concerns me. It seems like a weird thing to be missing. I fear it is just a way to stop people from being able to start the car.
If things do go bad once the dist is in, I know I could probably get my money out of the car by selling it for parts, but it is more work than I want at this point.
So if anyone is interested in the car, feel free to contact the seller.