>>1115991$200 is plenty enough for a pre-owned guitar from any of the big name manufacturers' budget lines, and it will be perfectly acceptable. If you buy it from a guitar shop it will already be in good working order, if you buy it from a random second-hand shop, not so much, but if it's actually broken you'll still be able to take it back. I wouldn't recommend getting one off craigslist etc., not because they're not good, but because you need someone who knows their stuff to not get ripped off. Buy a whole bunch of different picks, there'll be one you like best.