I purchased my 10/22 around 1983 for about $100 and it may be the best purchase I ever made. Mostly because I still have it and hope to never part with it. Recently, I added a 3rd party pistol grip stock with rails and serious sights, including a red dot. This is an awesome, inexpensive date if there ever was one. I recall very few misfires. If you let it get real good and grimy with cheap oil and dirty ammo it will tend to mess up. Otherwise this is a favorite of everyone in the family. The Butler Creek 25 round mags have worked very well and hope to get the Ruger 25 rounders as well.
Capnball is right. I put about $300 more into it with the sights, extra mags, bipod, foregrip and all.