I have an old pair of Simmons 7x42 binoculars that, amazingly enough, still have the original lens caps... despite them being terrible at staying on (no securing mechanism). The eyepiece ones aren't bad, but the objective lens ones are terrible. I checked around and found a really good deal on...
For reference, I have 2 Nikon Travelites (9x25, 12x25) and one Simmons (7x42) that have served me well for many years. The 12x25 are great for hand-held distance in daytime, "meh" at night (though they're fantastic for the moon, and I could spot the 4 Galilean moons around Jupiter this summer)...