I'm sorry, but $200 for that POS?! What's goin' on in Lincoln? Something in the water? When it comes to Singers, the only models you should be looking for are:
I browsed around your local CL, and came across this ad for a 404 & 501 (really, a 401 with a Rockateer shell):
While it is true that these can be had for $25 if you're patient, $50 ain't bad, especially if you're in a pinch. I would run, not walk, if those machines are still available. Start @ $25.