What's it worth?

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Forum topic by CincyRW posted 12-01-2013 03:25 PM 3144 views 0 times favorited 6 replies Add to Favorites Watch
View CincyRW's profile


156 posts in 1673 days

12-01-2013 03:25 PM

I found a floor standing Ludell drill press, 5/8 capacity, 3/4 hp motor, manufactured in 1984. The guy is asking $60. I know this is probably comparable to a HF machine, but this seems like a pretty good deal to me. Im just getting started in wood working and i think a decent drill press would be darn handy Any throughs on this machine and it’s price?

6 replies so far

View Tedstor's profile


1643 posts in 2656 days

#1 posted 12-01-2013 03:32 PM

From the pictures I found on Google, it appears to be a plain-jane, Taiwanese drill press. Most of those DPs were/are decent machines.
As long as it turns on, the chuck runs smoothly, and the adjustments function, it should serve you just fine. At $60, its probably worth the minimal risk. If nothing else, you could probably clean it up, and re-sell it for $150.

View a1Jim's profile


117115 posts in 3600 days

#2 posted 12-01-2013 03:33 PM

A floor model drill press for $60 sounds good to me.

-- wood crafting & woodworking classes

View IrreverentJack's profile


727 posts in 2866 days

#3 posted 12-01-2013 03:42 PM

If it works and there’s not alot of play in it, it sounds like a good deal. Drill a few holes with it first. -Jack

View TheWoodenBoxes's profile


42 posts in 1679 days

#4 posted 12-01-2013 04:25 PM

My stepdad always said, something is only worth what someone is willing to pay.

View CincyRW's profile


156 posts in 1673 days

#5 posted 12-01-2013 04:46 PM

Thanks folks. Appreciate the perspective.

View MrRon's profile


4793 posts in 3266 days

#6 posted 12-01-2013 07:11 PM

The downside of buying a machine made in China or Taiwan is availability of repair parts. Bearings are usually not a problem. If any parts are broken, they may or may not be repaired. That said, $60 sounds like a good deal as long as it works and doesn’t show any obvious signs of abuse. When buying used iron, it’s best to stick with American. Figure if it has lasted this long, it should last a lot longer. I have a 1939 Delta drill press and is still in perfect condition. It has lasted me over 70 years and there is no reason it won’t last another 70 + years. My Taiwanese Jet cabinet saw is going strong after 30 years and that too will last a long time. A drill press is not a very complicated machine. There is not a lot that can go wrong. The fewer parts involved, the more reliable it is.

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