Gotta be worth more than that in scrap, no?
McDougall metal lathe | Other | Prince George | Kijiji Classifieds
McDougall 24 by 84" Gap bed lathe. Swings 44" in the gap. 3 phase 440 but would be easily repowered with whatever voltage motor you want to put on it. Currently under power and can be seen running this week. 4 jaw chuck not included but comes with two 12" 3 jaw chucks for parts.
www.kijiji.ca