Best Digital Cameras Under $500

By David Elrich
July 29th, 2008

Canon PowerShot SD1100 IS Digital ELPH, $249

Canon’s Digital ELPHs have always looked good. More importantly, they take fine snapshots and we’ve always been a fan. This affordable 8-megapixel model has optical image stabilization to take the shakes and blur out of your images. It also has a 3x optical zoom (38-114mm), a 2.5-inch LCD screen and Face Detection to ensure great people shots. Just ask your buddies to smile, please. (Check Price)

Nikon D40, $499

The reason we’re including this still-available graybeard is the fact it’s the only D-SLR with an MSRP below $500. Yes, you can still find the Canon Rebel XT even cheaper but it’s really behind the times—avoid it. The 6.1-megapixel D40 is a very easy-to-use D-SLR and is perfect for anyone ...

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