I am sure you are aware we are in a recession. The majority of sledders are blue collar workers that don't get golden parachutes.
Here is a little reference
http://www.kbb.com/kbb/OtherVehicle...eType=Trade-In&ManufacturerId=343&YearId=2005
and that $2995 is trade in, what he would receive from a dealer. Miles don't matter according to KBB, so you might as well ride it as the value goes down regardless.
Retail, what the dealer would charge is $4360, part of that is some sort of guarantee and an inspection of the sled which is more than what you get from a private party.
I personally would not go over 3500 absolute tops for that sled.