I have been putting together a woodworking shop in my basement. My father in-law has a pretty nice set up in his but since I moved over an hour away I decided to build my own. He has a nice older Craftsman contracting saw that I thought would be a nice size for my shop and I was able to find one on Craigslist for $75.00. The ad said that the saw has been sitting for almost 20 years in the garage and has been used as a table. The top was flat but rusty. The blade would crank and tilt but was hard and squeaky. The blade turned by hand and was smooth. I took the belt off and ran the motor which started and sounded fine. It had the miter, fence and blade guard. I offered the lady $60 and took it home.
The plan is to sand the rust, clean and lube the gears. Change the belt and end up with a good old running saw.
I will post the progress.