New Bow Under $500
I would recommend waiting until the new 2014 bows come out. At the beginning of 2013 after the new bows came out, I purchased a new 2012 PSE Dreamseason EVO. Listed for $899. The owner (archery shop located in Arkansas) on Ebay was asking $750. I offered $625 and they accepted the offer. Perfect bow, brand new, never shot, still new in the box. I would pick a bow just above your budget and wait just after the new bows come out. You will have the upper hand when everyone else will be looking for the new model bows. Shops/dealers don't want to hold onto last year's new bows and are normally very willing to deal. It worked well for me. Good luck!!!