07-19-2015, 07:17 AM
I believe the Logan on ebay is the best choice, I have said before I own a Logan and have no complaints its a very capable precise machine for my home shop thats paid for its self-ten fold financially and from the pleasure of running it.
He mentions a 5c collet drawbar closer which is shown but no mention of the collets but they are there, first picture bottom right. The 3 jaw chuck may have seen better days but who cares there is some value there but a 3 jaw chuck is not a necessity in a machine shop a 4 jaw is.
Other than this there is not much with it, but from my eyes is see a lathe you could purchase for $350.. here's how put the lathe on a bench then sell the legs value $250, then you dont need the motor base and that goofy stabilizer leg value $150, 3 jaw chuck toss..it value $100.
Now you have a good machine thats been purchased below market price, all the time you own this machine you will always have an asset that will never depreciate in fact you're already in the black because what you have left is worth $600 market price.
I read all the time people struggling with nothing in there shop because they can't afford to purchase the tooling needed, but what you have to realize is the money you spend for tooling is always going to be inherently within the tool and at any time can be cashed in to retrieve the financial value whilst in its tenure with you it's been used for what its intended for.
I have a well-stocked capable machine and fabrication shop of considerable high resale value collected over a period of 15 years and not one nickel do I have in it.
Hope this helps . Anthony.
He mentions a 5c collet drawbar closer which is shown but no mention of the collets but they are there, first picture bottom right. The 3 jaw chuck may have seen better days but who cares there is some value there but a 3 jaw chuck is not a necessity in a machine shop a 4 jaw is.
Other than this there is not much with it, but from my eyes is see a lathe you could purchase for $350.. here's how put the lathe on a bench then sell the legs value $250, then you dont need the motor base and that goofy stabilizer leg value $150, 3 jaw chuck toss..it value $100.
Now you have a good machine thats been purchased below market price, all the time you own this machine you will always have an asset that will never depreciate in fact you're already in the black because what you have left is worth $600 market price.
I read all the time people struggling with nothing in there shop because they can't afford to purchase the tooling needed, but what you have to realize is the money you spend for tooling is always going to be inherently within the tool and at any time can be cashed in to retrieve the financial value whilst in its tenure with you it's been used for what its intended for.
I have a well-stocked capable machine and fabrication shop of considerable high resale value collected over a period of 15 years and not one nickel do I have in it.
Hope this helps . Anthony.
ieezitin, proud to be a member of MetalworkingFun Forum since Jan 2013.