Posted by Martin Pyke on 12/01/2022 16:01:02:
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Although I m sure some will feel I have made the wrong decision, I have decided to go for the…
Martin
Of course they will, but they're thinking about their needs, not yours! Your decision is perfectly reasonable.
You dad meant well but his advice to buy the best is dubious today. While it made sense for a mid-20th century boatbuilder to buy expensive tools in expectation of 40 years hard work, it's not sensible for a newly retired gent doing occasional light drilling to spend big money on a tool that will last longer than he will. For what you're doing, it's likely a mid-range Axminster drill kept in a dry workshop will still be going strong in 2062. A lightly used Meddings might last a century or more. We won't!
Over the last 30 years, there's been a tool revolution. In the good old days cheap tools were almost always rubbish, and good tools were costly. Now we have inexpensive mid-range tools, designed and built for moderate duty and treated as consumables. Even the pros buy them because it really hurts when expensive kit is lost, damaged or stolen! Purchasing isn't as simple as your dad imagined.
End of the day, the owner has to be happy. I don't think you'll regret the £600 Axminster unless you become a bean counter. A management accountant would weep over the cost per hole! Amortizing the purchase cost only:
- One hundred holes cost £6 each
- One thousand holes cost 60p each
- Ten thousand holes cost 6p each
- One hundred thousand holes cost 0.6p each
For anyone interested in buying a new Meddings, here's Merlin Industrial's online shop. Including VAT, the L1 is £3980. Bean counters get excited about costs like that because tools have to pay for themselves and then make a profit. A new L1 has to drill 663,333 holes to get the cost down to 0.6p each.
Dave