I don't really know much about the pricing of scooters, but that seems a bit high to me. If you think it'll improve your life $1200's worth, then go for it, but I think $800-1000 is probably better. Have you checked KBB and stuff? I know they don't have values for a lot of the mopeds like most of us have, but for something a little newer and more mainstream like a Honda scooter, one of those sites MIGHT have something if you dig deep enough. Also, keep in mind that as 150cc, it's probably going to be registered as a motorcycle, which will add insurance, more registration, more taxes, more laws, and more headaches to the bill.