Blue Cutaway Acoustic Guitar

Should I buy this Vester guitar I found?
There is a blue acoustic electric Vester guitar that I am thinking about buying. I don’t know what model/year it is or even what kind of wood it is made of. It is a cutaway. It only costs $40. Would this be a good deal if I only want to use it as a knock around guitar for going to the beach and taking it to school?
It looks like this:
http://www.pksmusic.com.au/showProduct/Guitars/Acoustic+Electric+Guitars/VRAB/Vester+Roundback+Acoustic+Electric+Guitar+HS457
except it doesn’t have the black around the edge and it’s a right handed guitar. It’s not in as good condition.
As long as it plays okay and stays in tune just about any guitar is worth $40. Don’t expect it to sound great or anything but just for a beater guitar , why not?
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