I was told that this lathe was purchased from a local high school and I believe that I'm the third owner. It has been well maintained and is in remarkably good shape. The lathe presently has a 110V motor, but I still have the original 220V 3-phase motor and a box of original tooling. I purchased a rebuild kit and manual but only installed new spindle oiler wiks and a new compound feed nut. Nothing else else was needed, or needs replacement. The lathe also includes a drill chuck, new carriage indicator and live center, and what i believe to be a complete set of collets, most of them original to the lathe. My asking price is firm and represents what I paid for the lathe and the new tooling.