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Oh, that is great pricing then compared to what I'm seeing now. However, in here 4 years ago car prices were much lower, even during COVID.
I'll explain a few things which may not be obvious. When I say lowest price available I mean you're buying a car which is over 20 years old directly from the owner. The most likely reason the owner is selling it is that it needs some repairs, and he decided he does not want to bother and is getting a new one. Repairs will likely be 1,000€ upfront, you may be lucky and spend a little less; but that is unlikely.
Someone may consider that it may be worth spending a bit more in order to get a more reliable car with a longer life.
Car prices went up very much: my mother bought a car for 500€ 8 years ago and is now considering selling it for 3,000€.
I don't know whether this is the same in the US, it may very well be that people just want new shiny cars. In here, I know many people who have been working for over 20 years who wish to change car but are now screwed because it is not feasible with their finances.