I have an Xtreme that I bought used on Ebay and saved a pile of cash. I've been happy with it, just getting into the habit has been the hard part.
A friend of mine has a Ultimate he bought new and is extremely happy with it.
Looked at the payment plan a year or two back when I bought mine. The interest was through the roof.
In addtion to hanging laundry, it can also make a fine magazine or bookstand too.