@protagonist,
U need to check the market first, don't make a mess of the sellers thread. The price quoted is a reasonable price.
For your Info:
Engine: 80 to 90 K
Gear Box with 4x4: 30 to 40K
Chassis: 70K
Body: 60 to 70K
Leaf Springs Shock Observers: 30 to 40K
Steering Colum+Assembly: 8 to 15K
Denting Painting: 30K Minimum
Electrical: 8 to 10K
Tires: 30 to 50K
Rims: 30 to 50K
Soft Top: 10 to 15 K
Seat Fabrication & Poshish: 10 to 15 K
Radiator+Battery+All Misc Bit & Pieces: 40 to 50K Minimum
On top of all this the tiring efforts of the owner to complete his jeep project.
I think U at least have enough mind to calculate the above and then coment.