TK - DON'T buy a 1911, at any price! They're addictive. You can't own just one. Then there's the mags, holsters, mag pouches, etc., etc. And you gotta feed it, just like any other gun, and .45 ACP don't load for cheap.
I made the mistake of letting my wife shoot one of mine ( I own three) after she qualified for her IPSC Black Badge and now she owns three as well - two Ruger SR1911's and a Rem R1.
Since we both shoot IPSC and 'Wild Bunch', if I didn't own a couple of Dillon presses, I'd be married to the loading bench. We burn up to 400 rds a week, depending on what we're getting ready for. More if it's a big match coming up.
I'm thinking of buying shares in my bullet supplier's company.