Value of a 340

I had a local guy come over to my house to buy up some parts that I had and was not going to use. While he was there he noticed the fresh 71 340 motor that was sitting on the stand. He asked about it and I told him everything that was in it and what was done to it. He then asked if I was going to use it or sell it and if I wanted to sell it he was interested. I told him that I would do no better than $3000.00 but that I have not decided yet what I was going to do with it. He gave me his number and asked me to call him first if I decided to sell. This motor is fresh and has not been run yet, and I thought $3000.00 was a fair price so did he.
Bob