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This may be a Rip off?

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This may be a Rip off?

I have been offered a Sony HandyCam (SD 30?) for a silly price (45 Euros) in Benidorm. The guy then proceeded to try and 'upsell' me. This on the basis that the Camcorder is very old technology (2001?) and more importantly that the memory stick (4GB)  is 'not' reusable.  If this is the case then it could be an expensive option! But my question is was he lying to try and get me to buy a dearer camcorder?

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