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Mine was used, had been impressively modified to work reliably by the previous owner, and came with many spare parts (spare die holders, multiple primer trays, three primer assemblies, screw type powder measures, extra shell plates, &c.). I paid $225 shipped three years ago IIRC. I don't know why so cheap, other than the Dillion kool aid is popular.
Mine works great. As its been said many times the Loadmaster is hit and miss. If they don't work well out of the box and you aren't mechanically inclined it can be a pain. Once I figured out how to set it up properly (and replaced the toliet chain with solid linkage) it has been stellar for me...