| The 20,000 price was from another forum for a New Myford. I was just illustrating the fact that the price of some of these chinese lathes is probably less than some 3 jaw chucks for a competitors lathe.
Saying that I have seen some excellent work produced on them.
Regarding the accuracy there are obviously many variables and tooling and user skill being probably one of the main factors. There is also the fact that you can't turn something accurately if the headstock bearings are shot or of very poor quality. Also accuracy and ease of adjustment setting the tailstock etc are key factors unless all parts require a taper on them.
Also price and availablity of accessories is a factor, 4 jaw chucks etc, faceplates. They chinese jobs are obviously aimed at a user who probably would use them less often for lighter work but still wants to own a lathe without spending all of their disposable income on one.
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