Appears to be in pretty good shape, so I'd expect the price will continue to go up. IMO, bidding goes up because an unmolested version is hard to find < $1,000. If you check CL (see
here for an example) you often find plenty for sale, but all for a fair amount of money. As discussed
here, I think things like this go for a premium in the northeast becasue they don't last long, and when the do pop up, sellers know they can get a premium. An M416 I bid on from the GSA auction site went for > $600 in similar or better condition, but with no wheels/tires. My M100 went for $390, and I've spent more than I'd care to add up suspension parts alone, and I still have a tub that needs attention. I think any solid M416 that doesn't need much more than prep and paint is a decent find under $1,000. It may be older, but considering the strength of the frame and thickness of the tub, you'd spend more for less with a new trailer.
