That motor looks fine. I know nothing of the seller and I have no idea whether its a good price. It does state that it is OK with VFDs.
I could not say whether its OK for your machine though as I dont know enough about the space available or any of the other details regarding its installation.
I have just been trying to upload some video to YouTube so I can put a link here showing how a very ordinary and old, 1450rpm (Hoover) motor works with a VFD. With 3:1 belt reduction I have a 38 to 1250RPM speed range (4 to 130Hz), and at 20Hz I have more than enough torque to cut a 50mm diameter spotface on aluminium (using a spigoted flycutter with a 14mm wide cutting edge.
Ian