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Do you need to spend lots of money to grab a good ? Not at all! There are plenty of options out there under the $500 mark, whether you want a classic rock machine, a razor-sharp shred , or even a baritone. Let’s dive in to the best electric s you can buy in 2023 for under $500.

They say life begins at 40. That’s up for debate – but what certainly does begin at 40 is a line of excellent and affordable s, all with aged hardware and anodised pickguards. If you’re Squier, that is. In the Tele department, we have a blond finish, alnico pickups, black binding and a black anodised pickguard. For under $400. That’s how you celebrate a birthday.
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It’s a little-known fact that Ibanez employs a cat to walk across a keyboard when it needs to name a . But that aside, this eminently affordable is a great entry point into the world of speedy shredders. With a thin neck profile, modern vibrato and two high-output humbuckers, this ’s ready for everything from At The Gates to Polyphia.
Hey, that cat from the Ibanez office named this one too! But Yamaha Pacifica’s are some of the most well-regarded affordable s for a reason. This geartures a modern, flat-radiused fingerboard for comfortable lead playing, and a carved body shape for comfortable everything else.
Fancy a single-P90 instrument, but don’t want to go down the Fender route? Or even the Les Paul Junior route? Enter the Epiphone Coronet, a revival of one of Epiphone’s first-ever solidbody electric designs. It’s an odd looking thing, with its two dramatic cutaway horns and symmetrical pickguard – great if you want to stand out.
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Construction consists of a mahogany body and set neck, paired with a 12” radius Indian Laurel fretboard. The single pickup is paired with some high-quality CTS potentiometers, and the bridge is a compensated wraparound ‘Lightning Bar’ unit.
J Mascis’ signature Jazzmaster is a modern classic of Squier’s line, and for good reason. The tune-o-matic bridge paired with the offset vibrato also provides a little bit more stability, especially if you pick like the owes you money. Doing this on a Jazzmaster with a rocking bridge can occasionally jiggle it out of alignment and ruin your intonation.
And the pickups, rather than the understated traditionally-spec’d ones you might find in a Classic Vibe, are closer to P90s, with screw pole pieces providing a thicker and more confident sound.
Middle Of The Road: The Best Electric Guitars Under $500
Squier’s Affinity range are some of the brand’s most accessible s, but that by no means leads to bad instruments. The Affinity Stratocaster is a great entry point into the world of Strats, plus a brilliant affordable mod platform if you’re handy with a soldering iron.
Harley Benton’s DC Junior is the German brand’s take on the the set-neck, double-cut, wraparound bridge and P90-loaded solidbody. Harley Benton s are famously good s for the money – plus, An ebony fretboard? At this price? You’d be mad not to.
This affordable offset is not only a great for the budget, it’s also got tonnes of character all its own. While it looks like a very surfy , it’s hardtail bridge and high-output pickups make this instrument a sleeper rock beast.

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In the last couple of years, Squier has seemingly realised that the healthy appetite for baritone s means it should stop making them limited edition. Luckily, that means that the Cabronita Baritone Telecaster has stuck around: this dual-P90 tele offers a 27” scale length, making it perfect for tuning to B-standard or lower while retaining clarity and snap.
This stripped-back instrument was originally introduced as a student model in the 1950s – and now has returned as this updated Epiphone version. With a flat mahogany body and two soapbar P90 pickups, the Les Paul special offers a great platform for those who want a no-nonsense instrument loaded with a famously versatile set of pickups.What is the best Heavy Metal Guitar under £500? Well, while we can't tell you which satanic shred machine will call you, we can certainly lead you towards some of our favourites. Read on to learn about our top 5...
Our first choice today is a guitar that could easily be used in a wide variety of musical environments, but is also superb at blasting out the metal. ESP are one of the biggest hitters in the metal scene, and their more affordable LTD range has long since been mainstays for gigging pros. The ‘singlecut’ design typified by Gibson’s famous Les Paul model is an evergreen favourite amongst many musical communities, and the metal scene is no different. Many brands offer their take on this powerful totem of hard rock, and ESP’s Eclipse (EC) model is more successful than most.
Best Metal Guitars Under 500 In 2023
Wielded by globetrotting bands such as Metallica and Rammstein, the ESP EC is a very familiar sight indeed, and the great news is, there’s a wide range available to fit all wallets and purses. This model, the LTD EC 256, is from ESP’s more affordable sub brand, and it packs a lot of punch for the cash! Select your favourite look and enjoy coil-tappable humbuckers, a thin U shaped neck and extra jumbo frets. All in all, this guitar has the feel, the look and the sound that any metalhead will be happy with.
Looking for something dark and menacing? Are you a Black Sabbath fan? If so (and also if not), you’ll love this Epiphone SG Standard. As you’ll be aware, Epiphone are the official replica brand for Gibson, so this SG has all of the correct lines and curves, just like the original!

We like the combination of classical looks and mean attitude here. The body is mahogany and the neck is glued in, just as you’d hope. Upgraded pickups and a slim 60s neck make this an SG for all seasons, and you can choose from a number of colours, but let’s get real: you want the black one, right?
Best Electric Guitars Under $500 In 2023: Budget Axes For All Players
Ah, yes. You are a classic Thrash metalhead, yes? Or maybe you’ve come to Jackson via their very on-point roster of modern day artists? Either way, you’ll be buying into hard rock royalty if you choose this most excellent Jackson JS32 King V.
‘Shape’ guitars are never more welcome than in metal. The more pointy and dangerous your axe, the more dangerous your playing, obviously. Jackson have taken the Flying V shape and delivered a sleeker, more metal take, and this superbly affordable JS model is just the ticket for moshers on a budget.
You get that classic headstock (no sub branding here, it’s full-on Jackson, which we love), those iconic sharkfin inlays, and even a Floyd Rose locking tremolo for all of your screeches and divebombs. This is obviously not something for playing trad jazz on, but if your heart is
The Best Electric Guitars Under $500: 10 Great Options For Players On A Budget
It may be pretty, but this Ibanez does not mess around. The ‘Iron Label’ refers to a group of Ibanez instruments built particularly for heavy-ass guitar playing. Given that Ibanez already have a reputation for putting out excellent rock and metal axes, this is really saying something!

The Ibanez Iron Label RGA42FM may be an affordable model, but it’s ready to wreak havoc with its pair of Quantum pickups, which are ceramic units set to stun. There’s no whammy bar on here: this guitar wants to get down to business! That said, it’s also dressed to impress, with a flamed maple veneer on the body’s top to give a very upmarket look. 24 jumbo frets, a sleek, ergonomic design and a major bark all add up to a deceptively savage machine indeed.
Looking for some lower-end rumbles than a standard 6 string allows? Sometimes downtuning can get you what you want, but sometimes you just need to go for a 7. 7 string guitars handle the low notes better since they tend to have slightly longer scale lengths, which means the strings wont flap about quite as much when you go for those drop G or A riffs!
Best 30 Acoustic Guitars Under $500 In 2023
Schecter, like ESP and Ibanez, are one of the big boys on the world’s metal scene. They are well known for delivering quality and value, so you’ll generally always get a great deal when being Schecter. Take this Schecter C-7 Deluxe, for instance. It’s got a 26.5” scale length with 24 big jumbo frets and a lovely flat 16” radius to make technical playing (and rhinoceros-sounding riffs) a breeze to play. It’s another simple design, but that’s kind of what you want with these subterranean extended range guitars: too many details can fuge your focus and get in the way of brutal riffing. Keep it simple and effective with this effective 7 string, from one of the most experienced brands in the biz.
There we have it, friends. Our brief yet exhilarating journey through the lands of affordable Metal draws to a close, and what a successful adventure we’ve had! This is but a scratch on the metallic surface of what we have for
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