Personally, I cringe at paying more than 100-150 for a phone. Never spent more than that in my life! I've had a couple refurb iPhone 7's over the last 5-7 years, lol. My main phone currently is a 2024 Moto G Play, but it's a little lacking even for me (as I couldn't give two shits about even beginning to care about having a "nice" phone), so a decent shape Pixel 5 for cheap sounds kinda cool
I'd probably buy at that price, but I'm not sure what the battery condition will be like after 5 years doing nothing.