I was in exactly your shoes with a Chrysler SRS light. I bought this one for $80-90 on Amazon. It can read and clear ABS and SRS codes as well as the normal OBDII codes. Definitely don’t believe that $500 comment—this one has been more than capable for me as a shade tree’er, and DEFINITELY can clear as well as read.

You get one brand free, then each additional one is a $10 one time fee. I’ve used it on Honda, Chrysler, Ford, and I believe a Dodge. I think a friend used it on his Saab once as well.