Cheapest Ive seen new ones for was $499 at Hardly Normal a month or so back. $559 seems quite good.
Whether it would suit you depends on what you want. If you want to just press a button
and have coffee ground and made for you, it is not a good choice. It is a manual machine and has a small boiler so quick to heat up and economical to run, but not good if you need to make several milk drinks back to back. If you only drink coffee with no milk it is excellent. For milk steaming one or two drinks it is also fine.
Mine was made in 1994 and is still going strong, parts all still available - Id consider them reliable.
Hope that helps. Feel free to post more info and ask more questions.