It is a very rare thing for me to not get an item below asking price. Bargaining is part of the "hobby" for me. BUT..., if an item has a reasonable price of $50 (I'm taking used, Swapmeet/Craigslist car part here) I'll offer $40, not $10. Then depending on the condition or need adjust accordingly. But if that same item has an asking price of $100 I will just walk past and not even offer. Far too many people are hoping for that one naïve or stupid person to pay far too much. And in most cases they will WAIT..., and Wait..., and wait and they will never sell the item, thus they become the naïve or stupid one.
If someone has a reasonable price, I'll make a reasonable offer. More often than not, I the buyer and the other party, the seller, feel we are operating in a reasonable realm of reality and work out something agreeable. Otherwise, I won't even bother to make an offer when the initial price is ridiculous. I don't like dealing with absurdity.
Example, I go to a bi-annual Mopar car show every year. I was looking for an Edelbrock intake. I have seen asking prices everywhere between $125 and $50 (very few). $75 being a fair average. One day this kid had one. It had been painted Mopar blue and probably to him a detriment over the performance look of raw aluminum. I asked how much and he said, "$30." I broke the sound barrier getting my wallet out. OK, I get it that was a great deal. And I only cared about the performance of the manifold, not the color. As it was I saw the paint as "stealthy" (as in "just let them THINK this engine is stock"). But with the bottom of the market being $30, a average good deal being $50 and typical reasonable price being $75 what do people think they are going to accomplish by asking $125???
Since there are no four door Pinto's I'll use the Falcon/Maverick as an example (here in referred to as F/M). It use to be a not too far thrashed two door F/M could be had for say, $2,000. A very decent one was $4,000 and a really nice one was $6,000. Today, somehow people thing a four door F/M with no title, broken glass, severe rust, a frozen drivetrain (or altogether missing) is worth $6,000. I mean no one is going to invest BIG in restoring a four door car. So, in essence it is the few body parts (often rusted) that provide any value but it sure isn't $6,000 worth.
So, I think the guy who wants a reasonable F/M will pass on the four door, especially at the asking price, and just concede he is priced out of the market. Now it might be he would be content with the four door at $1,000-$2,000 but that ain't happening. So, the sellers car just sits and rusts because he has a distorted idea of value and the buyer doesn't even get to "sort of" have the grandpa version of his desired car. Bummer all the way around.