)
Check out your local music store, you can sometimes get good deals on used student models. But most good student models start at $3,600. Even an adequate bow will set you back $120 - you can't even get them rehaired in most cases for less than $80.
I mean, have you ever even bought new strings for a cello? It's like a car payment.
As Celestia is my witness, if I had a $500 guitar I would sleep with it too.