12 items, $657.58 total at current listed prices. Buy the lathe that sells in volume, then spend the rest on measuring and tooling, because a cheap lathe with a good caliper and sharp tools makes better parts than a good lathe with neither.

VEVOR Metal Lathe 7x14inch Precision Bench Top Mini Metal Lathe 550W...
The 7x class is the entry point that actually sells in volume. Swing about 7 inches, variable speed to about 2,500 RPM, MT3 spindle and MT2 tailstock on the common variants.
Check price on AmazonWho this is for: Someone who has never turned metal and wants the lowest total cost to a lathe that makes real parts: bushings, spacers, pins, knobs and simple threads.
The complete beginner build list
| Item | Product | Price | |
|---|---|---|---|
| Mini lathe (7x12 to 7x14) | VEVOR Metal Lathe 7x14inch Precision Bench Top Mini Metal Lathe 550W... | $475.92 | Buy |
| HSS tool bit blanks | New 5 Pcs 5/16" x 5/16" x 2-1/2" HSS Square Tool Bit Lathe Fly Cutter... | $24.99 | Buy |
| Parting tool | Factory Mini Parting Tool Holder with 6Pcs HSS Blades for Mini Lathes... | $15.99 | Buy |
| Center drill set | 7pcs Center Drill Bits Set | $7.99 | Buy |
| Drill chuck for the tailstock | 1/32"- 5/8" Heavy Duty Drill Press Chuck | $25.99 | Buy |
| Live center | Nakkaa MT2 Live Center 0.0002" High Accuracy with 18mm Shank Diameter | $16.21 | Buy |
| Digital caliper, 6 inch | Digital Caliper Measuring Tool | $15.99 | Buy |
| Thread pitch gauge | Professional Thread Gauge | $6.99 | Buy |
| Tap and die set | Irwin HANSON 1765541 Tap and Hex Die Set | $38.59 | Buy |
| Cutting fluid | Forney 20857 Tap Magic Industrial Pro Cutting Fluid | $7.99 | Buy |
| Deburring tool | FOCCTS 10pcs BS1010 Deburring Blades Burr Trimming Scrapers | $8.98 | Buy |
| Safety glasses (Z87) | TICONN 1PK Anti-Fog Safety Glasses for Men & Women | $11.95 | Buy |
| Total, 12 items | $657.58 | ||
Machine

VEVOR Metal Lathe 7x14inch Precision Bench Top Mini Metal Lathe 550W...
The 7x class is the entry point that actually sells in volume. Swing about 7 inches, variable speed to about 2,500 RPM, MT3 spindle and MT2 tailstock on the common variants.
Check price on AmazonCompare options: all lathe picks
Tooling

New 5 Pcs 5/16" x 5/16" x 2-1/2" HSS Square Tool Bit Lathe Fly Cutter...
Grind your own right-hand turning, facing and threading tools. HSS takes a razor edge, which is what a low-power lathe needs.
Check price on AmazonCompare options: all hss bits picks

Factory Mini Parting Tool Holder with 6Pcs HSS Blades for Mini Lathes...
Cuts finished parts off the bar. Parting is the job beginners find hardest, so a dedicated holder matters more than a better turning tool.
Check price on AmazonCompare options: all turning tools picks

7pcs Center Drill Bits Set
Every tailstock drilling job starts with a center drill, which will not wander the way a twist drill does.
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1/32"- 5/8" Heavy Duty Drill Press Chuck
Holds center drills and twist drills in the tailstock for drilling on center.
Check price on AmazonCompare options: all lathe accessory picks

Nakkaa MT2 Live Center 0.0002" High Accuracy with 18mm Shank Diameter
Supports long work at the tailstock end so it does not deflect away from the tool.
Check price on AmazonCompare options: all lathe accessory picks
Measuring

Digital Caliper Measuring Tool
The one measuring tool used on every part: outside, inside, depth and step, to 0.001 inch.
Check price on AmazonCompare options: all caliper picks

Professional Thread Gauge
Identifies unknown threads before you cut or tap to match them.
Check price on AmazonTapping

Irwin HANSON 1765541 Tap and Hex Die Set
Hand-threading for holes and short studs, the fastest way to make a part that bolts to something.
Check price on AmazonCompare options: all tap die picks
Consumables

Forney 20857 Tap Magic Industrial Pro Cutting Fluid
A few drops on steel for drilling, tapping and threading. Extends tool life and improves finish.
Check price on AmazonCompare options: all cutting fluid picks

FOCCTS 10pcs BS1010 Deburring Blades Burr Trimming Scrapers
Every machined edge is sharp. Deburr before you handle or measure the part.
Check price on AmazonCompare options: all deburr picks
Safety

TICONN 1PK Anti-Fog Safety Glasses for Men & Women
Hot chips leave the work at speed. Eye protection is non-negotiable at every machine.
Check price on AmazonCompare options: all safety picks
Also for the shop: a machinist tool chest for measuring tools, the reference books worth owning, and the safety gear. Before cutting threads, check the change gear chart and the Morse taper chart for tailstock tooling.
What can you skip?
- A milling machine. Most first projects are round, and the lathe can face, drill, bore and thread. Buy a mill when a real project needs flats or slots, not before.
- A DRO. The handwheel dials and a caliper are enough until you know which axis you actually lose track of.
- Large carbide insert sets. A few ground HSS blanks do more on a mini lathe at low speed than a box of inserts meant for industrial spindles.
What should you upgrade first?
- A quick change tool post, the single biggest time saver on a 7x lathe.
- A 0-1 inch micrometer for fits tighter than a caliper can judge.
- A 4 jaw chuck for off-center and square work.
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Prices are live catalog prices at our last check and change often. Products researched from published specifications and verified owner reviews, not hands-on testing.