IMO the Honda Elite just isn't as good looking as a Vespa:
LPMoi are you in California? If not, you could also look at getting a Stella:
These are based on the Bajaj (an Indian made Vespa compatible scooter) and are very reliable (electric start, solid power, etc.) The retail for about US$2,800.
You could also look at getting a Vino (this is what The King rides)... You should be able to get one for about US$1,600 or so... Used even cheaper.