I too would pass. There are a lot of good pump shotguns in the 200-400 dollar range. So too, there are usually 3 or 4 good shotguns in the used racks at gunshops and pawnshops.
Remington 870s, Mossbergs 500s, Weatherby PA-08, Stoeger P350, Winchester SXP, Benelli Nova. All are from like $299 to $399 and will outlast you.