Offensive to sellers but have people gone over the cliff on Car values

GYC is doing my mom's GTS, (which was a basket case when I found it 30 years after she sold it) for less than a new pickup truck. every nut and bolt restored to new. i couldnt buy the parts for what they are doing it for,,,and I have no shop to work in, so it was a pretty good option for me. considering the locals wanted 50k deposit to just get started.

Hard to believe !