What is the best way to clean Vinyl?

My budget is $500.

FYI

I've had a DeGritter for the past few years, and it's worked perfectly for my hundreds of albums. And I do clean each new record I get as there's always some kind of stuff from the pressing plant that didn't get completely removed. 

The OP is on a beer budget yet he’s being offered single malt scotch solutions to his “problem”.

@lewm- in fairness, the very first response in this thread was the suggestion to read Neil Antin's work, which is available for free. Yes, it is voluminous but explains the chemistry and steps, the fairly minimal equipment needed and why the steps Neil outlines work. The total cost is far below the OP's budget. 

I prefer to use a vacuum type rcm as part of my process-- I used a VPI 16.5 (which started life as a 16) back in the early '80s-- it was still operating fine when I gave it to a friend in 2017. I don't have experience with other wand type vacuums that may be available (or the clones of the Nitty Gritty that either don't have a motor or allow you to use a small household vacuum cleaner). Some here have suggested other equally inexpensive alternatives.

@clearthinker - I don't regard this as a fetish but a practical reality given that I buy mostly older copies. Often, the contamination comes from previous, "bad" cleanings-- some spray that might have been applied. Once I have effectively cleaned a record, I have found little need to re-clean. There are easy quick ways to do a "touch up" for any dust, lint, etc. that attaches to the once cleaned LP surface in handling and playing. Since many of the records I've bought are hard to find, expensive or both, they often need to be cleaned properly to play quietly. 

There are countless ways to approach this--but I'd say there are good practices that are generally observed by archivists, which is a good starting point. Beyond that, some of the cost involved in the cleaning hardware is aimed at convenience and minimal effort. There's a happy medium that each person can choose based on budget, time, effort and results. 

@whart   Thanks for your reply.  I've got a lot of respect for your postings on vinyl replay.  They are a well-balanced view of the issues.

I can't argue with cleaning discs that need to be cleaned.  I am questioning the need to clean those that have already been cleaned or do not require cleaning.  As you rightly say, a happy medium is best - for the listener and the LPs - pun intended.

Yes, I bought some discs that had been cleaned with unsuitable materials and I had to clean them.  Pre the ultrasonics, this was not always successful and I would be interested to know if ultrasonic cleaners can clear all the gunk some people have put on.   I used to think they had eaten dinner off some of them.

Having been around a long time, in the shop I soon learned to avoid the sticky messes and examined surfaces carefully with my short sight or even a magnifying glass before buying.  Yes, with ultra rare discs at bargain prices there is of course a temptation, but by 1989 I had pretty well bought all the used titles I wanted from the 1950s 60s golden age and then I could pick and choose as everyone was outing vinyl, including of course stocks of unsold unopened records.  Glory days they truly were; nothing cost more than £1 a disc and everything was on offer. WOW. I was buying nearly hundreds a month that are the backbone of my collection of 4000+.  For the last 30 years I have mainly bought special pressings, very few now and only from the one or two manufacturers that make consistently reliable discs.