I'd say take your hard-earned down to the local guitar store and see what they have in the used section - dollar for dollar you'll get a better used guitar than new. If this is your first electric guitar, I'd say try Epiphone (if you like the Gibson vibe) or Fender Squier, but as always, so much depends on how much cash you can raise.
Like the man said, you pays your money and you takes your choice!
;) Reelin' in the years...