Can anyone tell me if this sounds like a good deal please?

[Jonathan007]

Steel Rolex Oyster Perpetual Submariner Date 16610. F prefix. 40mm case diameter water resistant to 300 meters. Automatic chronometer movement. Black dial with luminous hour markers and hands, black Uni-directional bezel. Steel Oyster lock bracelet. Box and papers dated 2004 with Rolex service papers dated 2007. Rolex model number 16610. Our reference S14083.
(replacement cost £3,820)
£3,150

thanks all

Jon