For that amount of money I would look at yard sales and maybe Craigslist if a big city is nearby. I know alot of people hate the department store bikes, it is because their components are extremely cheap. People buy these bikes, then these bikes will breakdown and then that person misses out on the enjoyment of bicycling. Stick to yard sales and craigslist and find an old steel frame bike that is is descent shape...My 2 cents.