If it includes 125 rounds ammo with the gun, I'd say it's a STEAL!
As others will tell you, the warranty is not really an issue. Kel-Tec will still honor the warranty, even if you're not the original owner.
If the seller's ad simply means that only 125 rounds have been fired through the gun, then it's still fairly "new" -- only slightly broken in, which is a good thing. $275 isn't exactly highway robbery (even w/o the ammo), but you might try to talk him down some.
How long would you have to wait to get a new one ordered through your LGS at $250? If the wait is worth it to you, you probably won't do much better than that these days.
As others will tell you, the warranty is not really an issue. Kel-Tec will still honor the warranty, even if you're not the original owner.
If the seller's ad simply means that only 125 rounds have been fired through the gun, then it's still fairly "new" -- only slightly broken in, which is a good thing. $275 isn't exactly highway robbery (even w/o the ammo), but you might try to talk him down some.
How long would you have to wait to get a new one ordered through your LGS at $250? If the wait is worth it to you, you probably won't do much better than that these days.