Myford ML7 Value?

[Rannsachair]

Having recently acquired my Harrison M300 I have had 2 friends of friends enquire about buying my Myford ML7, I suspect I may regret it but I could do with the space and suspect I will hardly use it, so I am thinking of selling. So I want to charge a fair price, though there is such a range of Myfords in terms of condition and accessories it is difficult to use ebay sales as an accurate guide, so would be interested in advice on if £1400 sounds a fair asking price.

It is a 73 ML7 with clutch running on a 240v motor on Myford stand with drip tray and raising blocks in original paint in very good condition with no visible wear.

Indexible dials added, thrust washer conversion to cross slide screw. Quick change toolpost with more than 12 holders.

Fixed steady, travelling Steady, milling attachment with vice, eccentric engineering collet chuck and set ER32 collets, eccentric engineering diamond tool holder and sharpener, small and large face plates, keats plates, 3 and 4 jaw chucks, tailstock jacobs chuck, tailstock die holder, centres, spare drive belt, lots of tools ( carbide, brazed, hss), boring head, tailstock 4 jaw chuck.

There is a DRO Readout and 2 scales I never got round to fitting plus a home made light duty toolpost grinder and the original 4 way toolpost and an LED worklight.

it is such a nice old machine that part of me just wants to keep it, though I would be happy to see it getting used regularly rather than just as a backup for me, I realise the price of Myford's and their accessories are extortionate for what they are which makes me feel I am asking too much, though the individual cost to me of the lathe and accessories is more than I was looking at asking!

So am I being greedy thinking £1400 with all the accessories or what is a fair price?

 

[minimutly]

My bare one, with a 3 way chuck and a live centre, on an ancient cast iron stand went for £750. Yours is much better nick, and loads of tooling. I dunno?

 

[JMS1972]

It sounds fair to me. It's a complete package.

 

[Danez]

If the time was right for me I'd snap your hand off for that price with the bits included!

 

[Arc Tourist]

Personally, I think £1400.oo is an exceptional bargain considering the pristine condition and the included accessories you offer.

 

[roofman]

Worth it all day long with all the bits and pieces...the condition is very good too going on pics

 

[mtt.tr]

Easily worth that. Good machines

 

[brightspark]

its a fair price as it has the accessories the cabinet and the clutch

 

[arther dailey]

Interested about the thrust washer conversion , do you have a link for that please , thanks Arther

 

[Rannsachair]

Interested about the thrust washer conversion , do you have a link for that please , thanks Arther

No problem #Arther only some minor machining: https://www.arceurotrade.co.uk/Cata...cessories/Myford-ML7-Cross-Slide-Bearings-Set

 

[Rannsachair]

Thanks folks, consensus appears to be I am in the right ballpark.

 

[slim_boy_fat]

Worth that all day long, Tom.

 

[RichardM]

Fair price with all the tooling and accessories included, basically they ready to turn.

 

[John Hale]

If you were greedy you'd split it all and sell it separately for more money!

 

[arther dailey]

possibly , but the only trouble there is you end up doing loads of post office runs , re listing parts due to the usual , it takes a lot of time and effort selling bits ,so if you factor in your time and the extra hassle I think it cancels out the extra monies you initially get.
all dependant if you like parceling stuff as well, personally hate the fuss of that .

 

[Migmac]

Having seen this in person and looked at prices, £1400 is a very fair price I think.

 

[Arc Tourist]

If you were greedy you'd split it all and sell it separately for more money!

possibly , but the only trouble there is you end up doing loads of post office runs , re listing parts due to the usual , it takes a lot of time and effort selling bits ,so if you factor in your time and the extra hassle I think it cancels out the extra monies you initially get.
all dependant if you like parceling stuff as well, personally hate the fuss of that .

It also takes time and effort to "give" stuff away, but its preferable to seeing good things get scrapped.

 

[Brad93]

If you haven't sold this yet I know someone looking

 

[Rannsachair]

If you haven't sold this yet I know someone looking

Thanks #Brad93 I am pretty sure it is sold: I have agreed the price with the friend of a friend, I have stalled the sale until my health is a bit better, to sort through everything.

 

[JimmyS]

Looks like its in really good condition, the tooling and accessories are probably worth a good chunk of what you are asking alone.

I've got an old M300. Mine came out of a local school here but the idiots had dumped all the tooling. I've spent a small fotune on toolholders/ faceplates/ steadys/ chucks etc.