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Dixie Narco 276e question newbie


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I do not yet have a vending machine but am looking to purchase one for my property at the beach. I have come across a Dixie Narco 276e for sale. Based on what I've researched, this is a good starting place.

Couple questions:

1) The ad says that it needs a  replacement lock and it costs approximately $7 to replace. Does this make sense? Don't want a supposed $7 turn into hundreds!

2) Asking price is $850. Everything else works fine except the lock replacement. Is this a reasonable price? 

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