The price cited is pretty much what the Fjestad Blue Book shows for a NIB (unfired, box, papers, etc.) BDA. I'd suspect you can get it for a little less.
The Beretta 84/85/86 Cheetah, all in .380, sell for about the same. (About the only differences between the Browning and Beretta are roll marks and grips.) You can find those in almost new condition for anywhere from $50 - $100 less in the same condition as a Browning version.
As noted, Browning imports guns made for them. Even the Browning Hi-Power isn't a "Browning"-made gun. FN makes the Hi-Powers; always has.