Moving the discussion away from Porsches to Yugos....
Ibanez AC 240, solid mahagony top for $250 with a coupon online. It has become my daily player.
I bought a Voyage Air OM with a solid spruce top for travel, but I like it so much I play it quite a bit at home, too. $500-- ish new.
These do not have solid back and sides, but for the money they really shine--very comfortable and surprisingly good tone. And they don't need to be humidified, in the winter so I can leave them sitting out.
Moving it up to Chevys, my Martin MMV sounds like 90 per cent of a D 28 at 50 per cent of the cost.
My skills don't require or deserve expensive guitars, so I'm really happy these were available at a reasonable cost. For a total investment of under 2k I've got 3 very different instruments that meet my needs. They do exceed expectations! (I'm good until someone hands me a J-45 and then GAS strikes hard).