No, you weren't ripped off. That Hon is a great way to get an intro into folder, see if you like them or not. I predict you will like them.
I was in your situation back in January, and some guy had a Hon 3speed for 25.00 on Craigs..I had been reading the folder forum since November, and wanted to try one out, so I jumped on it
It was a revelation, and the most quality fun I have had on a bike, bar none for a long time.
So I rode the hell out of it, and then last month a swift dropped into my lap
and riding the Swift is like going from a Volkswagen to a Porsche... it is all I ride anymore except for a rob roy cross(when I need groceries)
I am now in the process of getting rid of some of track and road bikes and get 1 more folder I am lusting after
so FWIW enjoy your new find, and have some fun riding it and start looking for you next n+1 folder
you are now on a slippery slope
smooth riding on your new vintage Hon
hey I also tried to find out about the bike and tried to contact dahon people for info...wouldn't give me the time of day ...so no more dahons