This logan is on CL now...Opinions of it?

coolidge said:

I'm stunned that you found something on Portland's craigslist that wasn't over priced 250%. I can't speak to the price or lathe quality but it does look like a project. Near term are you looking for a project or a lathe? I restored a 1950's machine last year, it turned out to be a money pit.

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The Portland machine market can be a bit rough. There's a dealer out of Redmond that does his best to buy up the bargains and then re-sells them at a huge markup. It's a win-win for him: he makes a profit on the sale and controls the market. He beat me out of a Logan lathe here about a month ago. I was playing phone tag with the seller, and by the time I finally managed to speak to him he told me that a guy from Redmond was already on his way and he didn't feel comfortable backing out. A week later it's back on the Bend CL for $2000 over the original asking price.

Marvelicious said:

The Portland machine market can be a bit rough. There's a dealer out of Redmond that does his best to buy up the bargains and then re-sells them at a huge markup. It's a win-win for him: he makes a profit on the sale and controls the market. He beat me out of a Logan lathe here about a month ago. I was playing phone tag with the seller, and by the time I finally managed to speak to him he told me that a guy from Redmond was already on his way and he didn't feel comfortable backing out. A week later it's back on the Bend CL for $2000 over the original asking price.

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Well more power to him I guess. From what I have seen the vast majority of craigslist metal lathes and mills in Oregon and Washington are filthy dirty abused junk. On occasion there's a nice clean machine that's been well maintained but it seems rare. The pricing wow, there was a guy recently trying to sell a G4003G for $4,200 and the thing only cost $3,295 new. Okay so it was relatively new and had a cheapo DRO but come on.

I'm thinking of selling my G4003G and getting a larger lathe, mine will come with a $1,000 top quality DRO, an Aloris BXA QCTP and 6 tool holders, the factory BXA QCTP and 6 more tool holders, keyless chuck for the tailstock, probably 10 indexable tools plus inserts. I'm into it probably $5,500 or more and I was thinking price wise $2,900. Maybe I'm under pricing it but I generally price my stuff at 60% of new when its in like new condition.

Portland CL can be pretty amusing when it comes to tools. Not a day goes by that you can't find something from HF posted for more than it sells for new. As for machines, from the general drift I get following the forums, I imagine a guy with a good tow vehicle and good contacts back in the rust belt could make a living making regular runs with a trailer load of used machines from that part of the country.

Your price sounds reasonable to my mind for what you have... if I was shopping for a bit more machine, you would have a potential customer!