A friend of mine is a finish carpenter and has an 8" portable table saw that he could sell to me for $40 or $50. I don't know what brand it is. I know he doesn't buy junk, though.
Would I be wise just getting a new 10" saw for a little more money? I don't have room for a full size saw so I was thinking about having a small one on a base that I roll under my benchtop when not in use.
For that price, maybe it's an ok first saw to experiment with. I assure you though that compared to a contractor's saw, it will be a miserable experience. So keep that in mind and don't get discouraged about woodworking in general because of this saw. Ear-splitting universal motor, too small table, too small fence, low quality blade, no zero-clearance throat plate. I'd recommend grizzly's base model contractors saw. iirc, it's about $400. The difference would be night and day. I started with a delta bench top 10" saw. It lasted through exactly one project before I'd had enough.
What do you plan to do with it? It may not be the best, but if it cuts a few pieces of lumber here and there and gets the job done, it is worth the money. OTOH, if you plan to build fine furniture or a house full of nice cabinetry, Save up and spend at least $600 or more for a good quality saw with a good fence.
50 bucks is a cheap way to find out if you are interested in serious woodworking. For a shelf in the garage, it will do the job.
Just watch your fingers on that little saw. If you're making very, very casual cuts on small lengths of wood (< 4ft) then it'll be fine, say picture frames or moulding -- shelving even sounds ambitious.
Also, on a saw this small, you won't be able to dado, which is one main reason for having a table saw in the first place.
As for getting a new one for a little more money... new or used, 8" (?) or 10", the table saw is one of those tools you'll want to view as an investment, not a bargain, unless, as stated above, you're just experimenting, and you don't need to count to ten. Otherwise, buy a handsaw, take the time to make your cuts by hand, and then when you buy a $600 table saw you'll open the box, rip off the plastic, and make angry love to your new Delta honey!
For that money it might be worth it. Check out the fence--a fence can "make or break" any table saw. Expect to buy a new blade. If you continue to do lots of woodworking, you'll eventually replace it a 10" saw when you get more room.
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