Cheap, matt penny loafers to beat around in the summer

[wesny]

I've searched and founded lots of opinions on the best penny loafer. Ideally, Rancourt would be my choice but it just isn't something I have the budget for and I tend to beat the heck out of my shoes, especially during the summer. The problem is most of the well recommended penny loafers only come in hideously shiny finishes. Any suggestions for a sub-$150 classically styled penny loafer in a finish similar to that of Rancourt?

 

[deveandepot1]

Check Allen Edmonds. They had the Montecito for less than $150.