You need to be wary of older tools, some of them are beat to death, so if you don't know how to tell good from bad, sometimes you're better off with new.
Old machines can suffer from many different problems, but here are a few: bent spindles, bearings worn out, spindle guide bore worn and sloppy, electric insulation dry rotted and cracked, motor bad.
You can really score on older machines, but you need to learn what to look for, and have patience and keep your eyes open for a good one to appear in front of you. If you're hot to get a press now, you might best spring for a new Griz or Jet.