I wouldn't. I have bought non-running scooters but its pretty important to be able to get parts. A simple search and this scooter didn't come up at all.
I had a Yamaha Riva XC125 I bought for $210 non-running but there is a Yahoo forum dedicated to it and similar models with people from whom I could get almost anything for it for a decent price. After I got it running, it would get 92 mpg on summer gas and top out at 57 mph. It was really reliable too.
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