Training Wheel Hero
Join Date: May 2019
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I'm not real knowledgeable with these yet having just picked one up myself, however, I will say I sounds like it wasn't well cared for. The bike I just bought was down twice, "fixed" the first time and not the second. Location can play a pretty big role in price too. I'm NEPA and payed $3600 for a 2010 w/ 4k miles, all road rashed.
It sounds like your bike is in a bit more need of maintenance than mine was. Pics always help.
I was looking for a deal and don't mind doing some work so I considered what a clean bike would be worth of this year/mileage, what all needs to be replaced (that you can see), what might need to be replaced (things you can't see or likely age/mileage related parts), a buffer for unforeseen things, your time to repair it (no one works for free). Me personally, around here, I'd be reluctant to pay that much for it assuming average mileage.