Your comment made me go look at the actual model (I was thinking plain jane 110). Still, you are correct. That is a steep price for something that will most likely be hard to recoup any money on, if a person wants to sell it.
If the OP is looking for a tactical/target rifle, there are better options out there IMHO. For that kind of money, you could almost get a Zermatt Origin action and MDT chassis. Then add a barrel, trigger and mags. The Zermatt Origin is what the Savage action should have become over time, if Savage had ever had the urge to improve their design. The Origin action can even take the exact same barrels as a Savage, if they want to use a barrel nut instead of a shouldered barrel.