Used machine pricing

pescadoman

Randy
Silver Member
I've seen a big increase in pricing over the last few years. It's getting harder and harder to find quality things at really good prices. I'm guessing it's partly dealers scouring Craigslist and partly people being more educated, but things have really changed and it takes true diligence to be successful. I also think greed has driven up the pricing. Following the auctions shows me that the more popular items to go for higher and higher pricing. Of note is I've never purchased anything from an auction.

The last great deal I found was on a trio of Lista cabinets(2 with 6 drawers and a single with a door) with a butcher block for 300.00 and that was 2 years ago. Even then, the guy realized his mistake. Luckily, I had paid my friend(6'4 275 lbs) to go get them and all he had to say is "I priced these way too low". The ONLY reason I got those was because I saw the listing within 15 mins of the post and committed immediately. This is how these things go. If you don't know what you want, meaning a Clausing 5914 that doesn't have a fubar hydraulic system or jacked up lower pulley, it's impossible to snatch anything good because those deals are very short lived. If you just want a Clausing 5914 and don't realize that, while a good lathe, they have a history of problems with that pulley and the Vari-speed, you might get stuck with some expensive problems. Same thing with the Bridgeport types and the variable speed. The discs start to to wear as they move up and down. All of these issues are compounded dramatically if you can't or don't want to address them personally. Furthermore, KNOWLEDGEABLE machine repair guys are few and far between and moving 1-3000 lbs machines isn't like driving your car to get the brakes fixed...


Point is that, while deals are out there, be diligent in your research before buying anything used and have reasonable expectations.
 
I'd take a 5914 with a fkkd up hydraulic system so long as everything else is good. If I had more room.
Vfd is the way to go anyway.
 
I've seen a big increase in pricing over the last few years. It's getting harder and harder to find quality things at really good prices. I'm guessing it's partly dealers scouring Craigslist and partly people being more educated, but things have really changed and it takes true diligence to be successful. I also think greed has driven up the pricing. Following the auctions shows me that the more popular items to go for higher and higher pricing. Of note is I've never purchased anything from an auction.

The last great deal I found was on a trio of Lista cabinets(2 with 6 drawers and a single with a door) with a butcher block for 300.00 and that was 2 years ago. Even then, the guy realized his mistake. Luckily, I had paid my friend(6'4 275 lbs) to go get them and all he had to say is "I priced these way too low". The ONLY reason I got those was because I saw the listing within 15 mins of the post and committed immediately. This is how these things go. If you don't know what you want, meaning a Clausing 5914 that doesn't have a fubar hydraulic system or jacked up lower pulley, it's impossible to snatch anything good because those deals are very short lived. If you just want a Clausing 5914 and don't realize that, while a good lathe, they have a history of problems with that pulley and the Vari-speed, you might get stuck with some expensive problems. Same thing with the Bridgeport types and the variable speed. The discs start to to wear as they move up and down. All of these issues are compounded dramatically if you can't or don't want to address them personally. Furthermore, KNOWLEDGEABLE machine repair guys are few and far between and moving 1-3000 lbs machines isn't like driving your car to get the brakes fixed...


Point is that, while deals are out there, be diligent in your research before buying anything used and have reasonable expectations.

Which drives my argument home that buying machinery brand new may be more expensive on the face, but it's tough to beat the convenience factor. I have no issue buying used equipment except that it's rarely "used" pricing. If it costs me 25% more to buy new, then it seems foolish not to. If machines were 50%+ cheaper used, then maybe it would make more sense.
 
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Which drives my argument home that buying machinery brand new may be more expensive on the face, but it's tough to beat the convenience factor. I have no issue buying used equipment except that it's rarely "used" pricing. If it costs me 25% more to buy new, then it seems foolish not to. If machines were 50%+ cheaper used, then maybe it would make more sense.

Yes, your argument makes more and more sense. I guess I've gotten really lucky, but I've also put alot of effort into buying the right stuff. My only real mistake was with a machinery dealer. On average, I'd say I've paid 10-20% the cost of new. That includes:2 1340 lathes, one Sharp TMV mill with 2 Servos and a power draw bar, 5 Lista cabinets with butcher blocks, a 3HP Grizzly cyclone, 1 5hp T30 compressor, 1 7.5 T30 compressor, 1 Jet 3hp cabinet saw, a doweling machine, 1 Powermatic 66 table saw, 1 Phase Perfect 10hp digital phase converter, 6 Jaw Bison, 6 Jaw Pratt Burnerd(although I need a backplate), and a bunch of tooling.

It took about 6 years to accumulate this stuff, but if you add it up new an ulcer would ensue.

The true key is patience

I'll also add that, if you want it, I can find anything.
 
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Which drives my argument home that buying machinery brand new may be more expensive on the face, but it's tough to beat the convenience factor. I have no issue buying used equipment except that it's rarely "used" pricing. If it costs me 25% more to buy new, then it seems foolish not to. If machines were 50%+ cheaper used, then maybe it would make more sense.
Problem is those old belt driven lathes are like perfect for cue making.
I had like a new Jet 13 by 40 gear head. It was a pain to work with.
Never mind the vibrations.
 
Problem is those old belt driven lathes are like perfect for cue making.
I had like a new Jet 13 by 40 gear head. It was a pain to work with.
Never mind the vibrations.

I grew up on old Logans & South Bends. Love those things.
 
Problem is those old belt driven lathes are like perfect for cue making.
I had like a new Jet 13 by 40 gear head. It was a pain to work with.
Never mind the vibrations.

Joey, I had a Grizzly belt drive lathe and it was smooth as silk when you use the right belts. However a quality gear lathe should not vibrate to the point of messing up the work.
 
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