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Nat - 692 hours on a 1988 is relatively low. I mow 1-1/4 acres in the summer, plow a 95 foot double drive in the winter, plus spread fertilizer, and plug aerate with my 318, and I average about 50 hours per year. My '92 318 (I'm the second owner) has 495 hours on the meter right now, and that's a bit below average. The Onan engine was designed for service of 2000 hours. Some make it that far, some don't. Much has to do with how well they are maintained. They are no more or no less reliable than other small gas engines. The 316 has a robust frame, like the 318, and shares a lot in common. However, the 316 does not have power steering, only has one hydraulic spool valve, and does not have split or dual brakes. Also, the 316 did not come standard with an hour meter (it was an option), and the 316 did not have a "reserve" for the fuel system. Price varies upon location, condition, and market. A 316 with the hours you've indicated, in excellent condition, in some markets would bring close to $2000. Other areas, maybe $1500. You can always come down in your price; pretty hard to go up. You know, it never fails. People NEVER want to give you what something is worth, and try to discount the value by casting dispersions. Stick to your guns and good luck selling the 316. - Dave
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