My mtb is a used Titus Racer X I bought on ebay. I never could have afforded an equivalent bike if I'd gone with a new one. That said, I did have to change out several of the components that were worn and/or did not work for me, but still, the cost was much less than buying new, and I got great "bones" to work with. I did know what size I needed going in, as I had a much less expensive REI Novara hardtail that fit me great, and I picked the Titus size that was virtually identical in geometry. Knowing your geometry requirements is crucial if you can't test ride the exact bike you're buying used.
Emily
2011 Jamis Dakar XC "Toto" - Selle Italia Ldy Gel Flow
2007 Trek Pilot 5.0 WSD "Gloria" - Selle Italia Diva Gel Flow
2004 Bike Friday Petite Pocket Crusoe - Selle Italia Diva Gel Flow