You will need around 3 times that amount to get a used printer. Or you can follow the thread about the WIT Color printers from China. chris190 is getting a dual DX5, 1.8m wide for $6500.
The bare truth is if I new then what I knew now I would outsource everything. I have 54" Roland that only gets used for last minute rush jobs and short lead jobs.
Think of it this way. Once you get a client to buy then you have to babysit the printer, then laminate. Subbing out means you can lock down another client/market while someone else frets about the product. We are doing this more and more.
Subcontracting also opens up product lines. I am doing 16ga laser cut and etched chassis tags for a race shop. Do I have the laser? No. But a friend has a 1000 watt Hitachi that makes the product for me. Client orders 100's at a time. Slam dunk.