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Colchester Student Vancouver $7,750

chip4charlie

Well-Known Member

Mark 1.5, Colchester STUDENT lathe, with DRO. Comes with a brand new precision 6"- 3 jaw with reversible jaws, 2-10" 4 jaw chucks, 12" back plate--custom made to be a 6 jaw chuck for 14" parts, spare tail stock, a couple of rests, tool post and 8 holders, one boring bar holder, 1 year old Jacobson drill chuck and live centre.

Has the gap bed, and metric and Imperial threading with a lever change.

Wired for 240 single phase. Works almost daily and has new spindle bearings and recent belts. All speeds and feeds full functional. No broken gears. (New Spindle bearings are $3000 from Colchester)

Also, a RARE BURNERD Multi-Size Collet system. 1/8"-1-3/8" range, and the collet T-handle.

This BURNERD collet chuck and the lathe are the same as on "This Old Tony", Watch his videos for more details, but you will never find this again, in this shape and with this many extras, ready to go.
 
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Yeah, it has already been reduced from $8,500 to $8,000 for a few weeks now. I'd be a bit tempted at half that, but not enough to pull the trigger - it looks like a nice lathe, but it honestly feels like they're going for the ToT brand value as a 2-3x multiplier. Maybe I'm way off, though.
 
Faced between this and the $7200 Myford of a couple days ago this would be the one I would be dealing on.... But, I don't have to get it down any stairs into a basement either. (level entry).
However, both are more money than I can justify spending on ...... I don't think I have $7200 in all my machines together (tooling not included). For me this is just one of too many hobbies to spend my money on.
 
Yeah, it has already been reduced from $8,500 to $8,000 for a few weeks now. I'd be a bit tempted at half that, but not enough to pull the trigger - it looks like a nice lathe, but it honestly feels like they're going for the ToT brand value as a 2-3x multiplier. Maybe I'm way off, though.
I think you’re spot on to be honest.
 
The seller is a machinist in Port Moody so I suspect it gets a good amount of commercial use. If Jim only would have cleaned it up a bit and did a basic refurb, he could easily have gotten his original asking price. I've seen 2 in the past 12 month go for 10k, both round heads. On the other hand, a decent one just sold for $500 a few hours ago in Kelowna. Guy had no idea of the value of his machine unfortunately.
 
sooo, maybe a stupid question..... but I ask a lot of those

A new Precision Matthews can be had for $7000 Canadian.


Is the lathe listed above that much better than a newer modern lathe from a company that has a good reputation for equipment and good support? Yes, I see the extras, especially the collet chuck. But if there was no collet chuck, wondering if most here would pay 8K for the Colchester or 7K(ish) for the PM?

Thoughts?
 
As Brent said, most here wouldn’t however the market shows otherwise, at least in the past 3 years. Also, in order to give you a more meaningful answer, you should specify which PM you are referring to. Most of PM machines are made in China, some in Taiwan (being more expensive). None of them measure up to a Colchester in the same class range. I have hands on experience with both.
 
sooo, maybe a stupid question..... but I ask a lot of those

A new Precision Matthews can be had for $7000 Canadian.


Is the lathe listed above that much better than a newer modern lathe from a company that has a good reputation for equipment and good support? Yes, I see the extras, especially the collet chuck. But if there was no collet chuck, wondering if most here would pay 8K for the Colchester or 7K(ish) for the PM?

Thoughts?

When NEW the Colchester is definitely a better machine, I think even the student. Especially something like I have which has full variable speed range up to 3000 rpm is better (after all it was to compete with best US made tool room lathes).

BUT machine in picture is NOT new. In fact I recon its heavily used. Thus in pretty much every category this PM would be a better machine.

I think the price of a lot of older machines is nostalgia, for example, MyFord is not really a good lathe (and I used one). Its OK, its a step up from mini lathe but as far as machines go I would easy pick new PM you spotted over a Super 7. They may be in the same "price" range, but not even close in capability.
 
@ShawnR the PM you listed is the same lathe as the BB CX707 except with the coolant.

Recently I had a conversation with an industry insider and they confirmed that the machinery comes from the same manufacturer in China, it just depends on the options selected by the purchaser in how the machinery looks or is equiped.

Manuals (as most know BB are some what lacking) are written locally for the better ones.

Now as the the used machines or new China equipment, lets get real here. If the machine matches in price new for old it really depends on several things.

Does it have wear you need to address?
Is it working?
Does it have all the components?
Shipping cost?

Each of these detract from from the used price some more greatly than others.

What over shadows this is the emotional attachment to the old equipment.

Now I've had a Logan Model 200 and switch to a CX707 night and day difference.

As to life span, I have small knee mill from BB CT054 since new and has seen use over the 16-17yrs with the last 3 really upping the use. It has been converted to CNC and is now being pushed.

As to wear and failure points to date.

Magnetic starter replaced twice now a VFD.
Motor connectors block repair once, replaced once. Now a 3ph motor with VFD.
One bolt in the head mounting at the beginning BB replaced.
Recently I bought 2 extra draw bars but am still on the original.
As to wear on the ways little to none, scrap ways show little wear. Its disassemble (first time) to service while converting to CNC. And yes some up grades needed to be made to compensate for CNC abuse, yes it pushes the machine.

So go new or go used really becomes the question or lets phrase it differently, buy, set up and run or buy, recondition and repair then set up and run.
 
As Brent said, most here wouldn’t however the market shows otherwise, at least in the past 3 years. Also, in order to give you a more meaningful answer, you should specify which PM you are referring to. Most of PM machines are made in China, some in Taiwan (being more expensive). None of them measure up to a Colchester in the same class range. I have hands on experience with both.
The one I posted is the one I was picturing, also, the one I have.
 
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