I bought a $400 Trek Hybrid (new) in 2000. I rode it from El Paso, TX to Alberta. Don't let anyone tell you you need a nice touring bike. It worked really well and gave a upright riding position, which is what I want'ed to avoid hand numbness. I ride it daily around town after 13yrs. Parts had to be replaced eventually. I still tour on it and never have to worry about it being stollen because it looks so bad. Hybrids are great all around bikes. You can easily find a quality Hybrid in your stated budget. They aren't flashy and used ones are cheap because they don't have the "cool" factor. I am often approached on tour by people that want to talk bikes. They quickly change the subject once they see mine. Not much to say, I guess.