A lot of dealers seem to still be pretty high priced on decent shape old cars. I saw one the other day posted a shined up 07 duramax with 102k miles for $40k. Cloths seats, stock radio, nothing special about it. Everyone is still trying to cash in the people with deep pockets looking for nice condition older vehicles.
This Jeep is definitely high priced though for a stock driveline. Crazy to spend all that time on it and not swap something else in. Either someone with more money than sense will come along and snag it or it will sit until the price drops to a reasonable amount.