I love both of my Berninas, a 1530 and a 1020 I use as a backup. I had only a problem once with the 1020 but it was a while back and I don't remember what part was replaced. Check out on eBay to see what the price sold on your machine. These babies seem to hold the value nicely.
http://www.ebay.com/sch/i.html?LH_Co...a+1120&_sop=16