It's not a bad laptop overall, typical build for HP with the Beats Audio being the selling point. These are a bit faster for the cash though, just not as flashy. In my opinion you should wait, all this month you will have big sales, you just might be able to snag a $800 laptop for under $500 that will be better than anything I can list right now.
This is the best I can find at the moment.
Acer Aspire E5-571G-38VF $510
http://www.amazon.com/Acer-Aspire-E5-571G-38VF-15-6-Inch-Titanium/dp/B00K2O4TGU/?tag=laptopninja-20
15.6-Inch Screen
Intel Core i3-4030U 1.8 GHz Processor
4 GB DDR3L SDRAM
500 GB 5400 rpm Hard Drive
NVIDIA GeForce 820M
Lenovo Z50 $489.99
http://www.newegg.com/Product/Product.aspx?Item=N82E16834317602&nm_mc=KNC-GoogleAdwords-PC&cm_mmc=KNC-GoogleAdwords-PC-_-pla-_-All+Laptops+%2f+Notebooks-_-N82E16834317602&gclid=CJPu0oOC_MECFc1_MgodaXIAuA
15.6 inch 1366 x 768
AMD A-Series A10-7300 (1.90GHz)
8GB Memory 1TB HDD
AMD Radeon R6 Series
Feel like doing a little research on what to expect out of the different CPU and GPU combos for that price range this is a good place to start.
http://www.notebookcheck.net/Notebook-Laptop-Reviews-and-News.48.0.html
So if you decide to wait like I suggest I would recommend checking Amazon, New Egg, Micro center, Best Buy, Fry's, Staples, Toshiba and HP every day and comparing Pre Black Friday prices. Eye what you want and wait for the deal.
Here is a site that compiles daily sales as well.
http://dealnews.com/c49/Computers/Laptops/?p=21