Jeff M is too low and CConner is too high.
Jeff -- I'd ask for a minimum of $13,000 and then see what offers you get.
As for the rusted hulk in question -- Take that $3,000 before the guy changes his mind. I mean, anyone willing to buy a car needing north of $30,000 in work to make it worth $25,000? That's a guy who loves early 911's.
