I've got a Washburn D-12 I bought in 1983 or 84 for about $165. I think it may have been their low end then, now there's a D-10 that looks worse and probably is worse. My D-12 may be Japanese rather than Korean. I like it quite a bit. I've only two complaints: there is a chip out of the nut that happened early on that causes problems tuning the third string; and the bridge has slightly separated and rotated up, raising the action a bit and throwing the intonation off a hair. The latter may be my fault as I did leave it in a hot car trunk one day. I have a young friend with a newer Washburn D-12 that has a compensated bridge and one other difference (it may be better tuners) that's a little nicer than mine. I don't know what they cost now but they're a good beginner guitar (I'm still a beginner 16 years later).