FWIW, about 10-12 years ago I bought a cheap (oiled) compressor from Princess Auto - their "power fist" brand. It was on sale for $199 or something like that.
That compressor has been to hell and back, running a few days basically at 100% duty cycle for 2-3 hour periods for one project, as well as routine jobs around the house - inflating tires, running air tools, etc.
It still works absolutely perfectly.