Join Date: Feb 2005
Location: Jersey City, NJ
Bikes: 1994 Diamond Back Racing Prevail ti; Miyata 914, Miyata 1000, 2017 Van Nicholas Chinook
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What exactly do you want it for? If it is like a hobby and you will be restauring it and having fun customzing it, go for it. If the idea is to actually save money and have a reliable folder, I would go with a new or used-but-not-that-old model.
I, personally, wouldn't offer more than US$40.00 since to make it semi-reliable you will spend at least another 100.00
But that's just MY US$0.02, you definately don't have to agree with me.