What scrod said ^

Plus i could and have found very nice used road bikes on CL where I live for less than what you are spending I bought my Ironman for $290. It had downtube shfiters but it's a great frame and the components where tricolor Shimano 600 which were high end in their day and still functioned better than new low end brifters. My friend bought an older carbon Specialized Roubaix with 105 for $500, another friend got a really nice condition older CAAD8 for $400. Depending on where you live you can get a lot more for your money than what your spending.