You sure can sneak in under $200, depending on how you plan to use the meter.
I own a total of five multimeters, including two top-of-the line Flukes (#189 and #337 clamp). The other three are cheap (under $50) meters, including a beautiful little yellow Velleman DVM850BL I just bought from Arcade Electronics in Virginia for $19.95 to replace an identical one I gave to my son for use on his boat. Some of their professional customers swear by this little multimeter, and buy them in quantity just for the annoyance factor: when someone asks to borrow their $350 Fluke meter, they just hand them one of the little Velleman's and tell them to go away :-))
A few months back, I did a comparison of the voltage readings of the five meters, and published some of the results on the SSCA Board (www.ssca.org)
In short, there were differences in the the measured voltages, as you might expect.
I wound up with a simple solution: after verifying that my Fluke 189 was reading correctly at the low DC voltages (1.5-15V), I simply tweaked the pots in the other cheap meters to read the same as the Fluke at approximately 12.5 volts, which was the most important level for me. I wanted to be able to measure house and starting battery voltages with some confidence.
If you don't need all the fancy stuff the more expensive Flukes are capable of (like logging, memories, etc.), I'm sure you can get by with one of their mid-range models (look on eBay) or with an even cheaper one.