There are, but they wouldn't sound exactly like Avenged Sevenfold. If you are looking for a cheaper guitar that produces the same Avenged Sevenfold sound, you might as well buy a Schecter guitar, like Syn Gates and Zacky V.
However, you do not have to get a custom guitar like they have, you can just buy a normal Schecter guitar. Custom Guitars are a lot more expensive than the other guitars, so it would cheaper if you just bought a non-custom one.
There is a huge variety of picks on EBay that are really cheap. :)
You can find cheap Avenged Sevenfold sweaters on their merchandise website. Or, you find some at places like Hot Topic.
First Act guitars are a cheap alternative for beginners just starting out playing guitar. They can be found online for very cheap, or can be picked up in any major franchise that sells guitars, such as Guitar center.
Well, Behringer is not world renown as a guitar manufacturer, but rather as cheap alternative of other professional audio gear.
Flute , Guitar and Recorder are cheap.
Head to Google ans type in cheap Guitar Hero Equipment.
Rick Nielson of Cheap Trick is famous for the checkerboard guitar...
A cheap LTD or BC Rich guitar, all depends on what you play and your guitar gods use
Fender.
Squire Stratocaster.
Rs.500
Cheap and quality don't mix.