Gotta be reliable, 9mm or bigger, hold 15rd or more, and priced at or less than $350. Cheaper the better but has to go bang each time. Needing a dedicated glove box gun that if got stolen wouldn't be the end of the world. I don't own any sub $500 pistols so I don't know much about "budget" pistols.
I did get to looking at the FXS-9 and I must say it looks great, seems reliable, and accurate enough. Really think the manual safety is pretty dumb though.
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