I recently purchased an ‘as new’ JBC 6040 hot air station but if I had not found that at an affordable price I would have bought the Quick 861DW hot air station. That Quick unit is a bit more than your budget but I believe it will give you excellent performance and a decent operational life. If you spend less, expect to get less. The Quick 861DW appears to be the ‘sweet spot’ for price Vs quality and performance. Do not buy a Quick 861DW clone though ! They can be very different quality. The clues are the lack of “QUICK” branding or incorrect positioning of the branding on the front panel. If you see a Quick 861DW that is new and significantly cheaper than the dealers prices, it is likely a clone and to be avoided.
I purchased a mix of professional and hobby hot air stations and can confidently say that the professional hot air stations are well built but are overpriced both to buy and for spare parts. My PACE hot air stations have a heater module that costs £600
Crazy pricing. The JBC 6040 provides excellent performance but was also a very expensive unit originally and its heater module costs around £250 ! The Quick 861DW heater module is around £50.
On the hobby front, I tried the W.E.P , HACKKO clones and ATTEN hot air stations. The W.E.P. 852D+ has served me well and is a pump based unit with an air hose. The ATTEN 858D unit is the ‘fan in the handle’ model and I decided it was more useful as a heat shrink gun. The ‘fan in the handle’ stations are a little lacking in performance in my experience. There is a reason why professional hot air stations use a hose and air source located in the base unit. I have not personally had any issues with the flexibility of the air hoses. This is not a micro soldering iron after all !
You could do a lot worse than one of the Quick hot air stations that people on this forum have commented on.