I would look at an older one in good shape, unless it has been abused it will normally be a better machine that the new Chinese ones. You will be able to tell the difference when you start using it.
We had a old Lodge and Shipley that was ancient when i started working at the shop 25 yrs ago. We just took it out of service a few months ago to put a CNC mill in and it was still a good lathe. We have a Colchester that is good but I don't think it will last as long as that one did, I know it won't if we ever start cutting on it like we did on the old one.
Got a Bridgeport mill that is just youg enough to not be a belt drive and it is tighter and runs better than both the Sharp and Allient that we have bought in the last 20 yrs. maybe it is just the old toolmaker in me but I like the older ones in good shape. they are generally built heavier and the quality is better.
If you want something to do light work in and not use it alot one of the Chinese ones ewill be ok but I'm partial..
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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