Powermatic 1150 VS Pricing

[Mr. Brooks]

Guys, looking here for some guidance...

I'm considering a Powermatic 1150 variable speed drill press and not sure what kind of price I should either pay or expect to pay for a good but used model.

Motor is a 1 HP Dayton 115/230 single phase which I need as I only have 110 right now. Will be enough for any DIY project Ill be doing for sure.

I did search a bit but most info was from 2007-2011, anyone know the rough going rate right now??

Also anything I need to really inspect when going to check it out?

Thanks in advance!

 

[Todd.Brock]

Do you know the age, condition, price, etc? At a glance, see what they run new and figure asking price plus whatever is needed to get it running.

Take a look at the cost of bearings, quill, power down feed parts, if equipped, variable speed pulley set up, belt, I don't have a formula in mind, but if you are looking at 1000 all in for a 1500 drill press, you may want to adjust the asking price .


I bought a Clausing variable speed drill press that needed a broached keyway repaired. I bought it cheap so I could spend a few bucks to repair, plus it had already been repainted and cleaned up. The home machinist selling it was outdone by the required machining. The GJ is an excellent source for this type of repair work.


Parts that come from the manufacturer are typically dipped in gold pricing.


On the drill press, listen to it run through all the speeds, listen for bearings, etc. Not sure if a dial indicator and drill rod is practical, but at least run it with a drill bit and look for any type of visible run out.

If it functions without issue, then the price will be negotiated in external factors, moving, takin up space, need cash, etc. . If you are negotiating on a broken unit, have a good idea what those parts will run you. That can also give you leverage during negotiations. Reeves pullies- the name for the variable speed system are typically VERY expensive.



Really need more details in your specific situation , but those would be some general guidelines, in my opinion.

 

[Mr. Brooks]

Yeah it's one of those times where the pictures **** but that's not a deal breaker for sure. Condition looks acceptable to me considering the age. If I had to guess it was made in the 80s. Owner says works great (doesn't know much about DPs though). Includes extra chuck supposedly so that's a plus. Price is around $500 but I think they will be willing to negotiate if need be.

Thanks for the advice on calculating total investment, very important.

 

[Davefr]

$500 is a killer price. Around here they ask >$1000 for these.

 

[zkling]

Todd nailed it above.

They are slick machines, but lord help you if you need parts, especially for the VS drive system. Even the belt is $$$$

Depending on what config it is, and overall condition, $500 could be fair. For that it would definitely need to be in good running condition as well as good cosmetic condition. At the end of the day they are a 15" drill press, you are basically paying for the VS mechanism.

 

[Mr. Brooks]

I looked up some parts prices and they are high dollar so that does play into an offer. Yeah I asked the seller some other questions and we will see where we end up. Hopefully I will end up with it.

 

[Steevo]

I have lost several Powermatic and Delta and Clausing VS industrial drill presses to higher bidders in auctions over the past couple of years. I think the cheapest one went for was $750, and it was dirty and had a major arc of shame across the table.
There is a used machinery place I visit periodically, and they always have one or two with $2500 price tags on them.

 

[Todd.Brock]

Steevo brings up an excellent point. The arc of shame is something that well, can't really be fixed. It's not structural, unless its REALLY bad, but its just , well shameful! Google it if you aren't sure what it is.

 

[alan camby]

Mr Brooks,
I built a powermatic 1150 earlier this year. It had a hard life and was sporting the arc of shame. Paid $350 and put a total of $1000 in it after all was said and done. I think i have a very nice machine now.
Check it out here. http://garagejournal.com/forum/showthread.php?t=190236

 

[justanengineer]

Steevo brings up an excellent point. The arc of shame is something that well, can't really be fixed. It's not structural, unless its REALLY bad, but its just , well shameful! Google it if you aren't sure what it is.

If you or someone you know is good with a welder and a surface grinder theyre very easily repaired. You can also find another table from one of dozens of used machinery dealers, but thats expensive and not as much fun.

Personally, I wouldnt pay more than $3-400 for a NICE machine simply bc theyre pretty common. The dealer I bought my Bridgeport from had two of them with tapping heads in VERY nice shape that he was asking $200 for, unfortunately I only had $250 to spend that day and not enough room on the trailer, so I bought the Bport instead.

 

[Todd.Brock]

I was just pickin fun on the arc of shame. I was fortunate my Clausing didn't have any issues. Alan did an excellent job of not only welding and grinding, but creating a new plate for the top!

 

[Todd.Brock]

So did you get the drill press?