I have a very competent Lumix with a Leica designed lens that has some really neat features, such as long exposure support (30 and 60 seconds). It was under $100 on sale.
I have a Kodak with the equiv of a 36mm - 400mm OPTICAL lens. A refurb was under $100. Both are 8 MP, plenty for most people, especially if you fill the frame.
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