I bought mine used for a pretty low price. These can be routinely found on the aftermarket for $500 or less. For what this guitar is intended to be- a friendly introduction to the Martin tradition- it exceeds all expectations. Though one doesn't hear the nuanced harmonics found in upper-end Martin guitars, this guitar's warm tone mimics the rich mellowness of other expensive guitars without the hefty price tag. It's made in Mexico but not at the expense of build and quality. Best of all, the guitar stays in tune.
This guitar has served as my main guitar for almost a year now and has not failed me yet. The pickup has a very clear and rich sound, and the controls inside the sound hole are very accessible while playing in a live setting. For $500-$600 you can not go wrong.