[4]

What is this JET JTM-2 Mill worth?

[3]
[10] Like what you see?
Click here to donate to this forum and upgrade your account!

Hozzie

H-M Supporter - Gold Member
H-M Supporter - Gold Member ($25)
Joined
Sep 8, 2016
Messages
136
Likes
89
#1
I have a Precision Mathews 932-M mill, but a local guy has this Jet Knee mill available. I have done a little bit of research, but would like to hear some opinions on this mill from someone with some experience with it.

I am confident it is in proper working order. I has Power X and Power Downfeed, and the DRO of course. I am thinking it would be a step up from my PM mill, but not sure what it is worth.

Thoughts? Info.

Thanks,
Jamie

i-FGWBFBb.jpg
 

mcostello

Active User
Registered
Joined
Dec 29, 2013
Messages
367
Likes
166
#2
I gave $700 at a VERY good auction for mine, put an bunch of hours into tearing down and repairing a few parts. No accessories came with it.
 

Hozzie

H-M Supporter - Gold Member
H-M Supporter - Gold Member ($25)
Joined
Sep 8, 2016
Messages
136
Likes
89
#3
Thanks. That sounds like a very good deal. I don't think he will be anywhere close to that on this one. I don't think this one needs anything done to it outside of oil it good before starting.
 

Silverbullet

Registered
Registered
Joined
May 4, 2015
Messages
3,401
Likes
1,648
#4
I'd guess they will want as much as they can get. But reasonable price and selling price are different. How much are used mills in your area? Do you have a set limit in mind ? If I were looking and had 2 or 3 grand I'd try offering low but be willing to get up to $2,5 - $2,750 area. But I don't know the whole thing may be worth 5 or more . Craigslist the high price ones don't sell.
 

mattthemuppet2

H-M Supporter - Gold Member
H-M Supporter - Gold Member ($25)
Joined
Sep 28, 2013
Messages
1,628
Likes
929
#5
yeah, I'd say $2.5-3k. Extra tooling would push that towards the higher end. Tennessee isn't too bad for machine tools but it isn't like the north east. It would be a step up from a 932 bench mill, but not as big as going from a minimill to the 932.
 

Hozzie

H-M Supporter - Gold Member
H-M Supporter - Gold Member ($25)
Joined
Sep 8, 2016
Messages
136
Likes
89
#6
Thanks, those prices are more in line with what I was expecting. I have all of the tooling I need so that doesn’t bother me. How does this mill compare to a Bridgeport quality wise. I believe this is made in Taiwan. The money isn’t so much an issue, but I do always look at value.
 

gasengin

Registered
Registered
Joined
Oct 29, 2017
Messages
30
Likes
13
#7
I paid $4500 fees and taxes included on an online auction for my JTM-2. It came with 2 vises (one Kurt never used), rotary table, collets, large cabinet, and a few more things. Power feed on X, no DRO. Mill had very little use. Likely less than 50 hours. Hope that helps.
 
[6]
[5] [7]
Top