I have tools to fix stuff and make parts for friends. They have expensive street rods, my hobby is relatively cheap. Try working on a 50 year old tractor without a way to make the special tool you couldn't find on a bet. Or you need a fitting, now, and it's a half hour to town or it's Sunday - sometimes expediency trumps cost. New bushing in the end of the skid steer cylinder for friend - have press, make arbor, drink beer, tell lies, everything is good. Tools allow independence. Machine tools is an extrapolation of wrenches and such. Those with minimal inclination end up taking their car to someone to get the oil changed and spend lots of time waiting for repair guys to arrive in a 4 hour window ( if it suits them). I've said it before, not sure how anyone can survive without a least a lathe. Although most do, quality of life notwithstanding, they just don't know what they are missing. If we could start the "everyone needs a lathe" movement, the additional volume would drop prices, quality would go up, things could get so excellent - that's just crazy talk!