Go to the Bernina website and see if any models are currently on sale. There you can also see the msrp price of this machine new, which will help you determine the answer to your question. I bought the new Bernina 570 in March (last month) when it was on sale for $500 off. Also, some dealers discount the msrp prices on new machines while others don't at all. Maybe the same applies to dealers selling traded-in machines, so it might do you good to look around a bit and ask questions.