Mssing title? What's left of what used to be a car? For $10,000? Guy is definitely on something, tool kit or not. Cars that are at least in one piece and have significantly less rust go for that much money, or even less, with the driveline still in it and a title!
I think people selling projects get their inspiration or day dreams from sales like this: 1974 Alfa Romeo GTV 2000
Figuring if this sold for this much, my project is worth "X". These are the days of the www. !