I bought the thing 15+ years ago. What I paid then is not what the current prices are on eBay. It was not new even then--probably made in the 1990s sometime. It came with some cables 'n' adapters for OBD-1, the adapter for OBD-2 and a handful of OBD-2 keys; paper manuals, carrying case, and software good to 2003 Domestic and perhaps 2002 Asian. No European software at all. The "rechargeable" battery wasn't worth a crap when I got it, It's not even installed now. I HATE HATE HATE rechargeable batteries.
Today, something similar might be ~$400, maybe less. The MT-2500 which doesn't include the graphing feature of the MTG-2500 would maybe be half that price. But support for the '2500 series ended with 2009 software, the thing had been discontinued long before that. Any of the 2500-series "Red Bricks" are antiques now.
The Snap-On Solus series (Solus > Solus Pro > Solus Ultra > Solus Edge) replaced the '2500 boxes. The OTC Genysis and it's clones sold by Mac and Matco were competitors to the Snappy '2500 and Solus tools--I've never used them, but they're also Professional-grade.
The TOOL isn't the issue--the software revision is. Buy a tool that comes with the software new enough to work on whatever you own, or expect to own in the near future. You could get GM-only software, "Domestic" , (GM, Ford, Chrysler, Jeep) Domestic + Asian, or Domestic + Asian + European. More coverage = higher prices.
The prices are based AT LEAST as much on the software version as on the actual tool. Newer software = more expensive. And make sure what you buy has the battery-charger, DC "cigarette lighter' power adapter, and all the OBD-1 connectors you're likely to need. With Snappy, OBD-2 also requires an assortment of "Keys"; for example K-9 is very popular for GM applications.
I can't help you with what might be needed if you went with an OTC Genysis, or the GM "Official tools", the Tech 1 or Tech 2. Never worked with any of those. I worked with an OTC Monitor 4000 (?) but it was decades ago, I hardly remember it.