Think you guys are missing summat 'ere.
He's actually selling a V5 and the VIN plate. All the prospective 'repairer' has to do is 'obtain' a 'donor' car and swap the VIN plates etc.
Usually the donor car will cost virtually nothing...ahem.
Known as ringing a car.
Thats why the reserve is so high IMO.
Cos there's no way that heap can be economically repairable.
Cheers.