Javelin Man wrote:Keltec P11 0 round or Sccy would work well, both are 10 round but at least the Keltec and use a 12 round magazine by another manufacturer.
And another even more obvious answer would be the Taurus G2 P111 9mm. It holds 12 rounds if I remember correctly. I should look sometime, I own three. It currently goes for about $199 at Rural King.
You are correct, the magazine holds 12, and I think you still get an extra mag with it as well. Cheap and reliable is usually an oxymoron, and Taurus in the past hasn't had the best reputation for reliability and quality.
The PT111 G2 however seems to be as reliable as handguns made from other manufacturers. Out of the several peaple I know who own one, only one experienced a malfunction, and it turned out he grabbed the wrong box of ammo and was using his wifes .380 instead of 9X19 ammo.
I have one that so far has about 1600 trouble free rounds through it, all kinds of ammo ranging from 50 grain to 147 grain, both aluminum cased and brass. (have not shot steel cased ammo in it and don't intend to) I did a test fire at 5 yards alongside other brands, such as Glock G26, S&W M&P compact, and a Ruger compact, my group sizes were essentially all the same in my hands. (holes touching or almost touching) I also have tried it at up to 25 yds along with a friends G19, and both guns performed about the same (larger groups on both of course)
The downside to the PT111 G2 used to be that if someone did have one with a problem where they've had to use customer service, I've read online of CS times of weeks or months in the past. They supposedly have a new CS facility however, and the most recent reports I've read are very quick, about the same as S&W or Ruger. None of the people I personally know with one have yet to need CS however with this model of Taurus.
It does have an accessory rail if someone wants to mount a laser or light. The Pt111 G2 has been replaced with the G2C, the main difference being the G2C does not have the useless (IMHO) key locking system on the rail the PT111 G2 used to have. If you want to secure it you have to secure it the same way as any other handgun.
Another downside is if you ever want to resell it in the future, Taurus guns in general don't have the resale value that S&W or Ruger or some other manufacturer of more expensive handguns has. The good news is you don't pay a lot for it in the first place.
Unlike some american manufacturers, a new Taurus comes very oil soaked, (mine was literally dripping oil) so if you don't throughly clean it before first using it you might experience malfunctions.
So the bottom line is the G2C seems to be at this time the least expensive 9mm double stack handgun that should be reliable and that can potentially be practical for both CC and home use. It fits all the criteria mentioned in the OP. To get any cheaper you'd be in Jimemez and Hi Point terrority. They are however single stack magazines and large and heavy if you want the option of carrying them. As far as reliability, I've only tested out the Hi Point 45 version and the 45 I tested was reliable and extremely accurate, with very mild recoil. It's also huge, and the accessory rail is a propriorty system, only works with Hi Point accessories.
The 45 version hold 9 in the magazine. It might make a great home defense only handgun, but I don't know if the 9mm version is also reliable.