If you do pay that much, it is because:
1) you can afford to; and
2) it is easy and convenient to buy new; and (maybe)
3) your needs are such that new, under warranty equipment makes economic sense.
For a current comparable, I would ask you to compare what would you pay for a medium quality digital projector - how about this one? :http://www.bhphotovideo.com/c/produc...Projector.html