Peugot on Ebay...good deal?

Matthew Coles /
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There's a 1978 Peugeot listed on Ebay in my area for $125. I don't have a ped but am looking to buy one in the near future. What should I expect to pay for a bike like this? I'm considering buying this ped, but I wanted someone with ped-knowledge to see it first.

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&category=35622&item=1875697925

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