I have paid far less for much older machines in top conditions. Example: My 1905 singer treadle I paid only $25. I would continue to look around see if you can work out a deal on the machine. Let the manager know you have seen such machines for far less and have friends with similar and older machines in prime shape for far less. Maybe you can get the price much lower. If not I would walk away from this one. Watch garage sales, craigslist and Marketplace. There are always good machines coming along and always keep in mind just because they are asking a price you can always try to bargain the price down.