I would say that is too much. I bought one off of eBay for 100.00. Had it cleaned etc. for 45.00. Sews great, take it too class etc. The only thing is that I like to finish a quilt on the machine I start on....so I use this one at home sometimes too. I really love my Janome PQ Quilter but it is way to heavy to carry around. I love Kenmore also and have had good service from mine...Good luck in what you do..