The lathe may be the inexpensive part but it’s the hardest part to find at least it was for me. I really don’t remember when I started looking for something like this, but it has been years ago.The lathe is the inexpensive part.
Now you need all the extra lathe chucks, cat heads, tool holders, rests, indicator bases, indicators, measuring tools, cutting tools, centers, drill chucks, grinders for tool sharpening, and good toolboxes to store them in.
An in the end, its worth it....