Crazy money. You can buy new for not much more.
Perhaps it was perceived as an older 'classic' version.It seems that there is a hint of a classic market in old kites; this Flexifoil Erazor ER03
went for it's £75 starting price,more than what it cost new?.
I bought a used Stranger a few years back for £30, sure I saw one go last year for £70+; back in 2004/05 Kiteworld were selling them off new for half price i.e.£45 and throwing in a lineset.
I see the same seller's cashing in again with another Flexi