- Joined
- Apr 15, 2019
- Messages
- 5
Exactly. This is the kind of deal you should by even if you don't want or need a lathe. If it's what you say it is, then you could easily double your money overnight just by reselling it instantly.
These are the kinds of ads that typically end in one of three ways.
1. It's simply gone before you can even call the number.
2. It was indeed a misprint and they were asking $2000 and not $200
3. It was some kind of trick where they are trying to get you to pay $200 down and mo. payments after that.
4. It isn't really as advertised and there are major parts missing or broken.
The 5th scenario is always possible, but a very lucky find when it happens.
5. The ad is for real, you got there and first, and BINGO, you got a great deal!
#5 happens. Hopefully for you this will be the case. But #1 is far more likely if you're wasting time posting on the Internet asking if you should buy it.
The lathe in question is in a sale of a machine shop foreclosure that is about as far away from civilization as you can get up here in the great white north... the seller doesnt know anything about machines. He said it turns on and runs, i had him send me picture of the gear box and other specifics.
This is the smallest lathe in the sale and im assuming it didnt get much use... there is added badging on it that indicate its from a industrial machine supplier in my city... which is only 10 years old... so my hope are high that the ways arent worn...
That said i agree with most that its probably too go to be true, but at $200 i could easily flip it for triple if it is broken... and if it works and i decide its not for me i could sell it for about $3000 in my area as per the going craigslist rate right now for a lathe this size ( again pricing is my area and canuck pesos)
Perusing the forums over the last day has giving me a better idea of just how useful a lathe can be for a home gamer. I also have a cattle farm so perhaps ill save driving into the tractor dealer a bit less often for the odd part.
Ill update if i do end up picking this up... thanks for the thoughts gents