I am looking to buy my first lathe for my garage. I'd like to keep the cost to around US $1,000. I am perfectly happy buying an old one that may need a little work, but I don't know what the most important features are, or what usually comes standard. If I bought an old one, I would probably do a series of videos of the restoration, which for me is a plus. What kind of mechanical issues are fixable, or not fixable? Hopefully I can get some ideas that are on things to look for, things to avoid, etc...


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