Talk me out of it, guys!

Offer him $800...That IS about what it's worth.
From there you could move to a thousand, but I wouldn't go any further.

(of course you can take that with a grain of salt, as twice in the last couple of years I feel I overpaid, first on a rusty POS 2 door, then just a few weeks ago on a '70 340 engine, that I really didn't need...at least the 340 came with a lot of new stuff I can unload...)