400-500 you could get a pretty good point and shoot. I like the T7 a lot because of its slimness.
I also recommend checking out the Canon SD-Series Powershots. Those are a good compromise between size and features and lense quality.
Check out
www.dpreview.com.
Also take a look at this thread.
http://www.motorworld.net/forum/showthread.php?t=33381