The winning Bidder did has not paid for the vehicle, or not accepted the Sellers counter offer since the high bid did not meet the reserve,
If it is the latter, the vehicle will more likely than not become a Buy It Now(BIN) at the reserve price about 0400 Pacific time Saturday, or Tuesday. If the truck is offered for BIN, and is under $12,000, I think I will buy the truck. Justification is I have the same exact truck with the V10. I upgraded the front end to the 2005-2007 update, and have the 2004 OEM 18" rims, and have new Michelin E rated tires on those rims. Doing the math, I can move everything over from my existing 2002 V10, and convert to a diesel, for under 3,000, assuming I can sell the 2002 V10 for 8,000.
The above scenario is just hypothetical. The real drive on this is the truck is relatively local (Las Vegas, 1,000 mile drive from Seattle), and has a Oregon salvage title, which is the easiest title by far in all 50 states to convert a salvage title to a rebuilt title. And you for note- never every buy a Oregon vehicle with a rebuilt title, no inspection or audit of the repairs is required to convert a Oregon salvage title to a Oregon rebuilt title.