I have owned 2 Monarchs. Both were on "used' rifles that I bought. One was something like 3-10x50 mm and the other 3-9x40 mm. The 50 mm was a 2004/5 vintage. The 40 mm a 2007 model. I was very disappointed in the "older" scope. The newer Monarch for whatever reason is much better .... even in low light performance. I sold the 50 mm and kept the 40 mm.

Try looking at Bear Basin Outfitters. I have bought scopes and binos from them in the recent past. Good folks. Not a "gray" dealer. I have zero experience with Bushnell Elites but others here have mentioned them as a good value ... Elite 4200 3-9x40mm for $270.