overprice lathe

[Colten Edwards]

STC in Saskatchewan had there auction today and I was online listening to it. Lux-cut 11x36 lathe sold for 2500. and as pointed out, you would need to use a rigger in order to remove it from the building. There was some tooling, but not much. I had done some research on this lathe and no way was it worth this amount. There is no information on this lathe although, I am sure that eventually you might find something. Everything else as far as tooling was extremely overpriced.

 

[Kelly McLaughlin]

Gotta love auctions!

 

[Dabbler]

I buy in BC where auction prices are closer to sane.

 

[Alexander]

I owned a 1980's lux cut lathe for 3 years it was really nice. It did not have many features but the quality was good. It was probably that same size I bought it for $2100 and sold it for $2000 plus I kept the 4 jaw chuck and a big box of tooling that originally came with it.

 

[Tom Kitta]

Price of $2500 is not totally insane - similar lathe sold on auction for $3500 in Calgary few months ago!