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Inspecting a HLV-H thats not under power

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Hi all, first post here.

I am going to finalize a deal on my dream lathe this weekend. A super precision HLV-H EM. Based on photos the seller has sent me it looks absolutely perfect. And for a $7k asking price I kinda don’t think there’s a way this turns into a bad deal for me. The story is that it’s been in storage since 1992. The owner has never had it under power and has no way to power it when I check it out.

Included with the sale are 3, 4 and 6 jaw chucks, full set of round Hardinge 5c collets, dro, and taper attachment.

I’m planning to bring a noga and .0001 indicator with me to sweep the bed and spindle (while hand rotating).

My question is:
A) what else can I realistically check without any power?
B) what kind of initial maintenance and repairs am I looking at to get it operational after sitting in storage for 28 years?

Thanks all! I’m 101% sure I’m getting it, just trying to go in with as many facts as I can.

Will be posting again soon for help with VFD setup I hope!

Dropbox - Photo Nov 18, 7 53 50 AM.jpg - Simplify your life

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