Hello Ken,
Thank you for your question about this item. I would bid whatever you want to pay and ignore the $250.
Yes, it was listed as Buy it Now, but as soon as someone places a bid, then eBay converted it to an auction. So it really isn't a Buy-It-Now any more. We should note that to avoid confusion. Funny no one ever pointed this out in 20 years. So thanks.
Please let us know if you need any other assistance.
bidslammer