I think a better question is what are you trying to do with a $200 laptop? A chromebook might work for most of what you need it to do. You can even code using a cloud based IDE. But obviously there are certain things that might not work. I like how crafty sixQuarks was buying a cheap laptop and upgrading.

If you buy something used or refurbished you may be able to get what you need. Please provide more info what you are planning to do.