Take a look at the Leupold Mark AR line of scopes, more in line with your budget, also Bushnell is worth a look, I have there ERS and it's a excellent scope for the money.
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+1 to this ^^
I ordered the 1.5x4 with rings shipped to my door for under $500 from Wolverine. Dialed for 5.56 and looks great on my XCR.


















































