I never beat someone up on their asking price. People have a right to their own opinion on what somethings worth, especially if that something belongs to them.
Is the truck worth 12k? Hell no. But to him its worth that. When he doesn't recieve a single call on it maybe he will get the hint and get back into this atmosphere on the price, but until then I would just watch for the price drop and move in for the kill if it ever got into my price range.
I thought for sure my old truck even with a blown engine would be worth at least $1200-1500, tried to sell it here, on c-list, e-bay, etc and never sold it. I ended up letting it go for next to nothing because thats all it was worth. To me it was worth 3x my asking price because i had so much $$$ in it, but in the end it was only worth what someone would pay for it. RULES OF LIFE.............