So... I am going to give another opinion, very different that what has been expressed here.
Tooling is where you HAVE to spend your money. high quality, sharp tools. good measuring tools. you will at least double the cost of your machine if you want to blueprint in a quality way.
don't bother with a lathe for less than $3000. I have a Grizzly G4003G which is their little gunsmithing lathe. I think they run just less than $3500 delivered, and there are many times I wish I would have saved another $1500 or $2000 and got a nicer one. the nicer the machine, the faster your work goes. you can do good work on a less expensive machine but you have to do more work to get your work true each time.
Having said that, you might be asking the wrong question. After I took a machine class at the local Tech school, I pretty well knew what I wanted and needed. I would say it would be a good idea to get some actual chip cutting under your belt and read a few books before you think about buying a machine unless you have $10,000 you are ready to drop on this.
the more work you learn to do, the more proficient you will become. then as you become more proficient, you want to take on another challenge. well, pretty soon you have run out of machine for your ability level. so you may just be thinking you would like to true an action (which is actually a pretty advanced process involving lots of expensive tooling, but wont be long and you will want to be chambering barrels. that's a bunch more money and if you want to cut a 30" barrel, you have to have the capacity in length and your hole through diameter needs to be big enough.
so.... take a class and get some experience, then once you ware just dieing to have a machine of your own, you are probably ready to pick one out.
One of the reasons I chose Grizzly is because they market direct and so you can get basically the same lathe as a jet or ENCO or other like for 10-15% less because there is no middle man. a friend of mine has an ENCO and its a good machine too, they just run you another $500 for the same thing.
I buy professional tooling. at first its hard to spend the money on it and I cried some, but its like a good scope, once you buy one, you will never buy a less expensive one again. my $0.02
Tooling is where you HAVE to spend your money. high quality, sharp tools. good measuring tools. you will at least double the cost of your machine if you want to blueprint in a quality way.
don't bother with a lathe for less than $3000. I have a Grizzly G4003G which is their little gunsmithing lathe. I think they run just less than $3500 delivered, and there are many times I wish I would have saved another $1500 or $2000 and got a nicer one. the nicer the machine, the faster your work goes. you can do good work on a less expensive machine but you have to do more work to get your work true each time.
Having said that, you might be asking the wrong question. After I took a machine class at the local Tech school, I pretty well knew what I wanted and needed. I would say it would be a good idea to get some actual chip cutting under your belt and read a few books before you think about buying a machine unless you have $10,000 you are ready to drop on this.
the more work you learn to do, the more proficient you will become. then as you become more proficient, you want to take on another challenge. well, pretty soon you have run out of machine for your ability level. so you may just be thinking you would like to true an action (which is actually a pretty advanced process involving lots of expensive tooling, but wont be long and you will want to be chambering barrels. that's a bunch more money and if you want to cut a 30" barrel, you have to have the capacity in length and your hole through diameter needs to be big enough.
so.... take a class and get some experience, then once you ware just dieing to have a machine of your own, you are probably ready to pick one out.
One of the reasons I chose Grizzly is because they market direct and so you can get basically the same lathe as a jet or ENCO or other like for 10-15% less because there is no middle man. a friend of mine has an ENCO and its a good machine too, they just run you another $500 for the same thing.
I buy professional tooling. at first its hard to spend the money on it and I cried some, but its like a good scope, once you buy one, you will never buy a less expensive one again. my $0.02