It's closer to $500 refurb to refurb, and a whopping $800 current new to new Amazon prices if you toss the Pioneer VSX-LX305 twin in the mix. Big money in this niche.
Don't lose sight of the forest for the trees. There is a bad tendency for that here. This is, bar none, the best no pre-out AVR on the market for the shelf price money, and people are savaging it for totally irrelevant, will not matter for its use case, technical issues. For $700 street price, this thing has nine amplifiers in it, at least that many DACs, Atmos, bass management, FM tuner, analog and digital inputs/volume/switching, a phono stage, HDMI switching and video, wifi and network streaming, Chromecast, AirPlay, AptX Bluetooth,
and full Dirac. But, oh, what crap, it won't drive inefficient speakers at absurd volume levels, and you might have to pay $300 for the next model up with preouts and ever more inaudible THD/SINAD numbers. Clearly, it sucks.