Amazon offers Prime members the Proctor Silex 5-Speed Hand Mixer, model no. 62507, for $4.99 with free shipping. (You may need to look under "Other Sellers" on the right-hand side of the page. Non-members can get free shipping with orders of $35 or more; otherwise, shipping adds $7.23.) That's tied as the least expensive 5-speed hand mixer we've seen. (It's also a current price low by $7.) This 100-watt mixer features a 2-foot power cord and bowl rest. Note that this item will ship in four to six weeks.
Of note, Sears charges the same price with in-store pickup.