Cost of rusty project or parts car

The owner has advertised this car a number of times in the last year but for too much - he was asking $2700!

I think he’s ready to sell it. I see it as a $500 parts car but I’m thinking that my value is out of date. For the last four years it has sat outside and hasn’t been run. Everything looks straight but is weathered. Interior appears nice but is sun faded, looks good in the pic but the dash pad has cracks & there is paint fading on the metal dash frame. I know I should avoid it but I like cars that are mostly original. And the odometer says less than 70,000 miles & it could be accurate.

What would you offer?

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