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 - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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