Originally Posted by
DJ Niner
Given your budgetary restraints and intended uses, I'd first recommend a used S&W .38 revolver. It ain't all that sexy and "tacti-cool", but it'll do the two things that you want your handgun to do. You may have to look for a while to find something decent in that price range, but I think it's do-able.
The only reliable autoloaders in serious personal defense calibers (9mm/.40/.45) that can be had for around $300 would be Rugers. Lots of folks look down on them because they are a bit bulky, not all that sleek, and perhaps a bit rough in the action; but they are also bull-strong, reliable as the sunrise, and can be VERY accurate once you find their favorite load and get used to their particular shooting characteristics.
So -- revolver recommendation would be S&W .38 (maybe a model 10, model 15, or stainless models 64 or 67). For an automatic, try the Ruger P89 or P95 (9mm), P90 or P97 (.45 ACP), or whatever Ruger .40 that you might be able to find locally (I'm not a fan of the .40 cartridge, so I don't waste brain cells memorizing those model numbers). :)