I bought a new Rem 700 SPS Buckmasters .270 this year. Shoots like a dream and new it cost $599 and had a $40 Remington rebate so total cost was $549. That's a brand new rifle (no scope of course) for only $150 more then the used one you described.
I use factory loads and factory Hornady Custom 130 gr. ammo groups under an inch (almost a 1/2 inch) at 100 yards.
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