Colchester Shopmaster 2500 $4000

[YotaBota]

The ad says it works but needs a rebuild, is it worth the asking price?
https://abbotsford.craigslist.org/tls/d/surrey-colchester-shopmaster-2500-lathe/7368045217.html

 

[Dabbler]

When new, these were fantastic machines (ask @RobinHood) Any lathe that is neglected or abused has way lower value. At 4000$, it is like getting a house for 200K$, you know it is a fixer-upper.
@Debovsky I've heard plenty of opinions on both sides of this issue; I personally am non-partisan.
If he can demonstrate that it works and can take a chip under power feed, well, it might well be worth it.

A good sign is tha the shop is clean and the lathe is clean. Find out why exactly he thinks it needs work.

 

[garball]

Just an FYI, an older flat head Colchester, 60s vintage MK2, in similar condition sold at Lenmark recently for $10,500! Unfortunately this one does look like a deal as a fixer upper. Can't believe the prices of used lathes these days.