A new set up can run you as little as around $560 or just a hair more by the time you add in arrows and hunting tips. Since I shoot a lighter poundage it was cheaper than that. My husband's new set up was more like $1000 as he opted to buy a really big name company. One of out local shops has a wide selection of used bows that range from $100-$400.There is nothing wrong with a used bow. And like V8Ranger said, there is always EBay. I just prefer to try my bows out before buying one. If you are trying to save on money, I'd recommend aluminum arrows instead of carbon. Cheaper carbons will not group as well.And good carbons are not cheap. What ever you get just make sure it fits you and you are confident in it. Good luck!!