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Welcome! The asking price is about right for a running and driving truck. Doesn't seem that this one is. If the completed work was capably done - including any body/paint work - you would be in the 5k range. Not hearing the engine run or having to paint would drop the number, imo.
I'd agree with FortyNiner, I've seen this truck listed before and was not surprised that it had not sold. The pictures don't seem to give a very good look at the truck (is that intentional?) I don't see any of the actual bed parts in the photos, and the 'news cedar planks' appear to be plywood. For me, based on what is shown in the ad, this is at best a $2K truck ... seriously, who really cares about a 'new paint job' on the six cylinder engine, when the rest of the truck is in pieces?