You would be better waiting till you have 400-500.00. The quality level there is much better then the cheap laminates you are going to get around 200.00. At least thats my opinion. I do have a cheap ibenez that is just great, I think it was 250. My Takamine though is a much better instrament, and I got it on sale for around 500 if I remember right. Of course none of them compare to my talyor (12-string) and martin, but I had to take out loans to get them, and even though they sound great and everyone who see's them ohhh's and ahhh's. I'm not sure they were worth the fee. In fact, most of the time. I find myself playing the Takamine because i'm too afraid to take my other's out of the house.