Hi Chris, and Welcome.
Whereabouts are you located?
If you can, find a local Model Engineering Club and Join. You will enjoy the company and learn a lot just by listening ton the conversations.
With regard to "What Lathe", your choice depends on a variety of factors. Which ones are known only to you.
How much space do you have for it? Having a congested workshop, take it from me that extra space is always useful.
What do you plant to make eventually?
You can do small work on a big lathe, but the reverse can be difficult.
So, if in doubt, go for one a bit larger than you first though.
With regard to lathe features.
Varieble speed drive is useful, but not obligatory. A very useful "Nice to Have"
Almost any lathe capable of screwcutting will provide a power feed for sliding.
Power cross feed tends tom feature on larger machines. Having changed from Myford ML7 , (I found the 2 MT Headstock bore very restrictive – Cue howls of protest from Myford users )with a single phase motor to a larger lathe with VFD and PCF, they are marvelousn features to have..
If you want PCF, have you considered the Sieg SC4? It has variable speed drive and VFD. It is offered by Arc Euro Trade and Axminster. The price difference is caused by the difference in warranty ans accessories supplied with the machine.
Power feeds don't remove the need to learn how to provide a steady feed by hand.
I am good at spending other people's money. You don't have to completely fit out a workshop from the start, but some kit soon becomes essential.
You will need measuring equipment, and very probably, a bench grinder.
At some stage you will find a need for a 4 jaw chuck (£ jaw chucks are self centering, but do not hold work absolutely concentric. For that you do need to centre in a 4 jaw independent, and need at least one Dial Test Indicator (Clock) and a magnetic base Then you can set work with as little run out as you wish. And of course you can hold square or irregularly shaped work to machine it.
And of course, it enables you to deliberately machine work eccentric for some jobs.
It is a very good idea to "learn your trade" by making small tools. You can make mistakes more cheaply on a bit of mild steel bar than on a casting from a kit.
One of the first tools that I would advocate, is a Centre Height Gauge. It saves a lot of time mounting a tool on Centre Height. Imperative if it is to cut properly,
You will receive differing advice on what tools to buy and use. Some will advocate HSS or a Tangential Turning Tool, (All of which can be ground to resharpen. Another trick to learn! ) Others will advocate carbide tips, either brazed or replaceable.
All have their pros and cons. Some of us use a mixture to sut what we are doing.
I have found brazed carbide tips VERY easy to chip, so avoid them (that might be me being clumsy
Carbide needs to run at high speed to work well (The normal moulded types are not REALLY sharp, the ground ones are better) Carbide relies on a lot of heat being generated at the cutting edge to soften the metal.
For maching hardened steel or chilled cast iron they are vital HSS literally won't cut it.
HSS can be ground at home, and you don't suffer the frustration of chipping the last carbide tip at 8 pm on a Saturday night. Yoiu get get boutb the bench grinder and resharpen the HSS tool!
Some of use love Tangential Turning Tools. Thes use a HSS toolbit. My first toolbit lasted form about 4 nyears w before becoming too short for hold for regrinding. For the price of one replaceable carbide iti you can buy a short HSS toolbit.But you have to do the sharpening. It is more forgiving, but won't shift metal as fast as Carbide.
You pays your money and makes your choice.
What do I use|?
For most turning / facing: a Tangential Turning Tool. (Needs a simple jig for grinding and definitely needs a Centre Height Gauge for setting the toolbit )
For roughing: a replaceable Carbide tip
Form Boring: , a replaceable Carbide tip.
So a foot in both camps.
HTH
Howard
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Edited By Howard Lewis on 05/08/2022 22:28:05