I'd go the used route myself. With 500 @ this time of year you should be able to buy yourself a real nice ride. Get shimano xt or better. Hydro disc brakes is the way to go and IMO would rather have rim brakes than mechanical disc especially on a 29" wheel. Cannondales tend to have a compact feel that many like. Do your homework and try to ride as many types and brands as possible. Kona, trek, specialized, santa cruz, jamis. Think in general out of those mentioned jamis will give you the best bang for your buck as far as buying new. When you get on a bike that feels right you'll know it and that'll be the bike that finds itself a new home.
Welcome to the site.
Welcome to the site.