Agreed.Forget full resto's .. That SWB '70 F100 looked dang nice. 22K was a fair price, for the buyer, and the seller.
So what if a company bought it just to get it to auction, it's another one back on the road.
As far as worth, that engine (if it was done right) and under hood work is close to 5k right there.
Compare that price to a new truck and it's a lot cheaper and the cool factor is waaay higher than any new one.