Is there any point in a budget turntable?

 

I want to add vinyl to my system but cant afford a lot at all. I'm talking £100 for a complete turntable arm and cart all working nicely. I never really wanted to get one but the reason I ask is because I can get hold of a nice collection of vinyl locally for cheap but can't afford an expensive turntable. My question really is, is it possible to get into it for £100 which is my budget?

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