Both this ad and the gold HJ are typical of what I usually see in CL and ebay auctions. People buy based on emotion and just won't commit to the hard but hopefully enjoyable aspects of the restoration process. Restoration really challenges a person and makes them better when completed. You learn so many skills - or hone them - when you deal with these cars.
This seller buys this car "2 1/2 years ago" then does nothing. He did not even open up the parts on the back seat. It kind of looks like he has some kind of small business and I suspect he purchase the car for $500.