I think that $2k price represents the 'buy it now' option.
The ability to place a bid seems to still be available, though there does appear to be a hidden reserve threshold now, which I would guess is likely somewhere around that initial $850 mark.
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That said, if you were in the market and not too far away, even at $2k + Copart fees, it's still not a bad buy.
The big risk is what the 'Primary Damage: MECHANICAL' designation actually entails... Could be something as simple as a faulty fuel pump or a fully blown up motor.
If you could acquire it, address any mechanical issues and catch up on deferred maintenance (fluids/tires/etc) for say $4k, you'd end up with a tidy pick up.
It'd also be a perfect candidate for a diesel swap...https://delicaforum.com/index.php?threads/official-hyundai-d4bf-engine-purchase-thread-december-2020.3038/