The MTH product locator indicates that no dealers have the locomotive in stock. That doesn't mean that a dealer somewhere in this vast country doesn't have one, but it's sure going to be a bit of a hunt.
If you have actually seen that locomotive that you have your eyes on--the one with three hours of run time--you should be in a relatively good position to deal a bit with the seller. If the locomotive is really in like-new condition in all respects, and with just three hours of run time, I expect the seller would, rightly, be looking for something considerable in excess of the $350 that a 50%-of-MSRP would bring.
If I really wanted it; if the condition was like-new or better; and if I could not find it at a truly good price elsewhere, I probably would expect to pay around $550 or so.
There's a particular MTH GP diesel that I wanted and have been searching for for a long time. It carried an MSRP of $300, as I recall, and I was willing to pay $450 or more for a new-in-box version. Never had so much as a nibble in well over a year. Which goes to show that some of these things can be quite elusive.