Mullholland style bugs are probably the most undesirable of all beetles so I agree with that price.
At the same time, a few minor adjustments(paint!!!!!!!!!) on that ride and it would be a definite candidate for a killer German Looker.
Put 7-12k in engine, trans, brakes, and suspension and ur gonna have an extremely capable ride no matter what bug u choose. Just depends on what you want to start with.
Oh, and ditch the whale tail!!