What would you Pay for this Lathe and Stand - Page 2 - Router Forums
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post #11 of 16 (permalink) Old 02-26-2019, 06:59 AM
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At the end of the day, it's a Harbor Freight lathe, and I think it would be difficult to sell it for double what it cost, regardless of what you did to it.

If you are interested in making money, find an old, high quality lathe that needs a lot of work, and restore that. And unless you find a really good deal, even that would be tough to make money on.
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post #12 of 16 (permalink) Old 03-02-2019, 12:08 AM Thread Starter
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Default Profit is not the motive

Thanks to all who replied. I was asking a general question about what you might pay for this lathe. I am maybe going to sell it but I mostly built it to build it. I like to make things work and build. That is why I am a wood worker. I may sell the lathe and stand but really just wanted to know what the community thought.

I do not go around throwing hundred dollar bills out of my pocket but I will spend money on something I want to do. This is just what I did. I may talk to the local high school about giving them the lathe due to the lack of support schools give to woodworking these days. I used to help out one of my neighbors that taught building trades at Kingwood High School. Although they did not have a wood shop class they did have students that would compete in competitions. They usually made gavels but they were introduced into using their hands and not just their fingers to push the buttons on a phone.

Thanks. Since this project is finished and I just bought a CNC Router I will probably put this on the back burner for a while. Just this week alone was completely taken up with downloads of software, tutorials and trying to figure out what CAD/CAM software to use. I did get a startup license for Fusion 360 and have tried Carbide Create and got a Vetric trial. What I am not going to do is spend $1000.00 or more for software for a hobby shop. I am not starting a business or trying to monetize my shop.
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post #13 of 16 (permalink) Old 03-02-2019, 10:11 AM
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Software is just another tool. Some tools are more expensive than others.
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post #14 of 16 (permalink) Old 08-31-2019, 11:34 PM Thread Starter
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I just wanted to close the loop on this post. I sold the lathe for $500.00 on craigslist. I did include a PSI Barracuda scroll chuck but I may have made a few dollars overall. I know that I really enjoyed building the lathe and the stand. I have been very successful at selling unwanted wood working equipment on craigslist. I take good pictures and write up (hype) the equipment. Everything I have put up has sold for full asking price even though I am quite remote in location.

Craigslist will allow you to put your ad in multiple locations. You simply log in and copy and paste your ad to a different area and you will get your ad to more eyes. I live in east texas but list in deep east texas, east texas, Houston Texas and Dallas Texas. This strategy puts over half of the state visibility to my ads. also at the bottom of my ad I put at least 20-25 words related to woodworking, wood, lathe etc. This increases my chances of being seen during searches.

The moral of this story is to be persistent and stick to your price. The ads on craigslist run for 45 days before they expire. If required let the posting expire. You may need to adjust your price a little but if you research and see what the market will bear you can get what you ask or pretty close. I have had weirdo folks call and low ball but I do not drop my price until the ad has expired. Everyday new people come on craigslist and check out what they are looking for.

When I list on craigslist I do not put my address, just my town. I also allow reply by phone. When prospective buyers call I can cull out the ones that have not got a clue about what I am selling. If I feel comfortable with the caller and/or email I will give them my address to come and look. Some reply via email but I always have them call me to talk before I give out my address.

When dealing with the general public that I do not know I am armed with my glock in a holster on my right hip under my shirt. It is better to have it and not need it rather than need it and not have it. So far I have not had any trouble but as a good boy scout I am always prepared.
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post #15 of 16 (permalink) Old 07-20-2020, 04:01 PM
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Thanks for that tidbit. Though I've had a lot of luck selling and buying through craigslist, I didn't know that one.

Some of the clueless that call are borderline hilarious. Just sold an Accumiter table saw miter gauge for the asking. Up until then, some of the callers were hilarious. At $75.00, it was a bargain (half price of the Ebay ones), but one wanted to know if it came with a stand (the Unisaw it was sitting on to show it in use), one with blades, one . . . .


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Originally Posted by gdonham1 View Post


Craigslist will allow you to put your ad in multiple locations. You simply log in and copy and paste your ad to a different area and you will get your ad to more eyes. I live in east texas but list in deep east texas, east texas, Houston Texas and Dallas Texas. This strategy puts over half of the state visibility to my ads. also at the bottom of my ad I put at least 20-25 words related to woodworking, wood, lathe etc. This increases my chances of being seen during searches.
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The reason I have what you want is, I never lent it out before.

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post #16 of 16 (permalink) Old 07-20-2020, 04:51 PM
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Good info on selling on Craigs List. Like you, I enjoy making stuff for others and unusual uses. I'm converting an old school cafeteria into a theater and have about $1200 into it so far, with more to come.

But it will be a nice asset for the community, and I was a theater brat from age 12 to 20. Time to give something back, and I can afford it without pain.

The more I do, the less I accomplish.
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