We have purchased a number of them on eBay at those prices but we have also taken them apart, removed old oil and grease, put in fresh oil and grease, replaced parts, etc. and shined them up. We enjoy it! If you don't think you would enjoy it, be willing to pay a higher $$ amount in the $325 - $375 range depending on included parts. The older ones do not always have seam line markings on the needle plate. We did send one back because no matter what we did it didn't run. We were lucky the seller would accept a return.