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Why no small high-quality lathes?

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I currently have an old Jet 9x20 that needs replacing. My problem is that I have very little room in my shop, so I am limited to a 9x, 10x, or maybe 11x24. 12x is just too large, as is x36.

The problem is that I can't find a quality full-featured lathe in that size range. The Chinese lathes I can find are generally in the $1,000 range for a 9x to the $1,600 range for an 11x. But these are not quality or full-featured lathes. Usually no VFD, usually a combo threading/turning lead screw,...

Why no small high-quality lathes?

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