Originally Posted by GearHeadGrrrl
But I see this carried to a fault out here in the country- for example my neighbor has a road grader, D4, dead IH track loader, two old pickups, and probably every big tool I'd ever need. But most of it was worn out when he bought it, and I wouldn't trust any of his power tools and welding equipment. Sorry, but when I can buy a new Lincoln "tombstone" welder for $300-400, why pay darn near that much for a beat up one with the back cover missing so you know somebody's been in their messin' around.
used tools that were used continuously in a commercial shop might well be worn out, but 40 YO tools bought by a hobbyist probably are not and as was said are often high quality. Parts are still available for old Craftsman power tools and are a bargain....I bent the spindle on a Craftsman drill press from the '60's (my fault) and a new one complete with bearings was $40 for example.