Scotty, I came across this private party 1996 Toyota T-100, 1 owner, auto, 3.4 V6, extended cab, cloth seats, manual rollup windows, with 176,500 miles. The owner is asking $11,000! I'm thinking that's a tad high. Is it??
I'll have some of what that seller is smoking! 
A 'tad high" is the understatement of the decade. $3K would be more like it.
Quick Google search says that a new T100 for 96 was 14,400 brand new. Hahaha!!
Even is this absurd market that is a ridiculous price. You can buy a 3rd generation Tacoma V6, which began in 2005 for 12-13K
Maybe in your area, but here they are going for 15-18K.
Maybe the seller thinks of the truck as a collector item. 
When they ask ten, they mean eight, and want six, so it's worth four, and you offer two.
That price is just way to high.
I would suggest being patient and keep looking. Used car prices are starting to come down.
Your lips to God’s ears.
I'm practicing what I'm preaching. I'm also in the market for a used vehicle.
With interest rates creeping up and a possible recession on the horizon, I think it will take 6+ months but the prices should come back down to Earth.
Lets face it, the operating costs of a vehicle far outweigh the purchase price tag. It's like inkjet printers.
And if gas prices continue ballooning, who will be winning?
From that perspective, I cannot effectively argue your points. However my problem is that I'm way to aware of what's going on. The US Fed printed trillions upon trillions of dollars for the "pandemic". Everything is artificially blown out of proportion right now. Inflation, gas prices raging as you stated etc. Basically I'm applying the same logic to vehicles as I did with the "shots". I didn't take any and the "pandemic" basically went away on it's own. When used vehicles are 3-4 times higher than a few years ago due to inflated pricing, I'm just going to keep watching and waiting. If the rates keep going up, demand destruction should really take over and bring things down. That's my guess at least.
I appreciate everybody's input. I'll continue to keep looking.