That is correct, the used prices were really not much less than new. I got lucky, because my mom knows someone who works at the "behind the scenes" part of Reverb/Sweetwater/Musician's Friend (ever wonder why a lot of those listings are on all those sites? ) and she managed to get it for me for $80 after shipping. There's literally not a scratch on it. It is in new condition. I'm pretty thankful. I got it so my granddaughter can thump on it, and she does from time to time. She's no Aron Hodek, but I'm fine with that.