I recently went through a similar process. My budget was ~£300. I ended up getting a Thinkpad X230, i7, 8GB RAM, SSD from Ebay. I'm happy with my choice and the machine is a decent workhorse
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I bought an x230 from Lenovo's outlet about 2 years ago. i5 with 4gb of ram and a 500 gb sata drive. I threw in an m2 SSD and 16gb of ram and it's great. I'll eventually replace the 500 gb sata drive with an SSD but for now it's fine and the total cost was probably $600. Has to be close to half of that now.