Unfortunately potential buyers for these vintage cars are very few left, which the dropped asking Price also reflects. You're probably more likely to sell a fuselage 300 way faster in that condition at that price than this car.
A very worthy car, and not so common as the shorter 6 cylinder Chryslers. I like it a bunch, but I would call this closer to $2500 if I were buying... only partly because I'm that cheap... there is so little market for the cars that still exists, the 6 cylinder models sit forever on CL and EB. The 8 is sure to have a fraction more appeal, but the condition is borderline unless you wanted to restore one.
They do have better parts availability than Formals