Its really a crappy bike, although it looks cute. Better to get something that brakes well, shifts crisply, etc. In the decent used bikes category, the lowest cost "good" options will be older, but nice, mountain bikes.
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Please don't confuse ebay "asking" prices with "selling" prices. Many sellers never get their ask price. some are far from it. Value is determined once an item actually SELLS. Its easy enough to check SOLD prices.