That machine probably cost that much or double new - I had to pay it for mine. However, there is less demand right now so the price on the industrials IS lower than it was for a long time. If you buy one you need to do a bit of research and then know how to work on them - getting them repaired is REALLY expensive. A repair man either has to make a visit or you have to haul it. Those babies are HEAVY. It is how I learned a lot of repairs.