This car has been up for sale a number of times over the last year and either not met reserve or not been bid on. I've heard some negative things about it but won't repeat as I haven't seen it myself.
Having just seen what appeared to be a pile of rust on a trailer sell for £3360, if the sale went through that is, then I don't see why this Green one can't sell.
If anything will put the price of L/C's up it will be people paying silly money for basket cases, the black MK1 with V6 for £7K comes to mind, rather than £130K for possibly the best example around.