I can think of 2 things: Either he added a zero by accident or he figures it will take $12,000 to fix this thing!
Or the seller is on "crack" Nothing sells a car better than old warped lumber on the roof and being to lazy to sweep off the pile of snow on the hood.....all that and a bag of chips for only $12K. We have seen drivers selling for way less.
Now now, he says they go for $33,000+ when they are restored. Maybe the boat he had leaning up against the side comes with it?
This ad is pretty dang hilarious, but the sad fact is, that this poor little Malibu is probably doomed. It will sit there deteriorating, and the delusional owner will turn down all reasonable offers to buy it until it is scrap. David