Is upgrading your Stationary Equipment for a lifetime worth it early on?

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Forum topic by BrentNichols posted 08-23-2012 12:44 AM 745 views 0 times favorited 1 reply Add to Favorites Watch
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08-23-2012 12:44 AM

Topic tags/keywords: resource question bandsaw lathe planer drill press miter saw jointer sander tablesaw

I have debated for several weeks now about whether to to sell my 3hp 10” Shopfox cabinet saw and upgrade to a PM2000 or Unisaw. Of course my mind wants me too, but is it really worth it right now in my hobby shop? I have made some other purchases of what i call the best and figured that buying it now will save me from having to upgrade and make another purchase in the future. Then there is always the chance that a newer model will come out and test my temptations but that can be handled differently. My shop brands mostly reflect Powermatic and Jet as my two main brands, but i do have a few Delta items too. I have thought about trying to arrange to have mostly all one brand but that kinda seems to spoil my tool addiction of trying different brand things that i may eventually like even better. My goal is to have all of the top of the line things that i will need to make cabinets / furniture so then i can soley focus on making a small part time business out of it eventually in the next 3 to 5 years. Instead of wasting my time in the shop on the internet looking and dreaming of what could be… I would like to hear some of your guys stories and justification for buying what is needed in your shops. Maybe then i will be able to use the experience to help me down my path of woodworking.


-- BN in Indiana

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10260 posts in 3612 days

#1 posted 08-23-2012 01:46 AM

You’ll lose money if you buy new every time you upgrade. Larger
established businesses have ways of depreciating new equipment you
probably won’t have. When you buy new machinery with
cash or with a credit card, you’re generally paying twice what
you can resell it for as used machinery. That means that every
time you upgrade and sell your old machine (that you bought
new) you’ll lose about half what you paid for it. If you buy
used machinery and buy is wisely, your net loss when you
upgrade will tend to be very little and you may even make
money some years selling off equipment you’ve replaced.

There’s not much performance difference between what you’ve
got and the cabinet saws you are considering. The difference
in the quality and speed of cabinetmaking cuts will be negligible.

If your goal is to have “top of the line” machinery for a cabinetry
business, get a slider with a scoring unit. Powermatic’s
top of the line saws are made in Europe by Robland – and
the same parent company owns both brands.

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