Hello.
Some advise notes for what they could be worth.
As Jim Dawson says you must first define the characteristics of the finished products you are planning to manufacture according to their final use and then select the proper machine to achieve that quality.
In a company I worked for we manufactured from pins to airplanes. That gives you a broad selection of machines. For some parts in our airplane division accuracy had to be within 0.00001" and that was for crop dusting planes. For zippers and snap fasteners tolerance is normally kept within 0.0005".
Another important factor to consider is the speed of the machine. That is how many pieces per hour you can afford to manufacture to keep your costs down an yet have the profitability that you want.
Remember that as you increase accuracy speed is normally decreased. In that case you may need to switch from stepper driven systems to servo driven systems. Of course the price of these latter machines or retrofit kits is higher than that of the formers.
To make my point please watch the following videos.
https://www.youtube.com/watch?v=ErNjNtC60As
https://www.youtube.com/watch?v=7MuOlVDJPg0
Both machines manufacture the same products. The first one is driven by steppers. The second is driven by servos.
By listening to the machines you can easily notice that the latter runs faster than the first. In fact nowadays it is running slightly faster than twice.
In this particular configurations the price of the latter is nearly twice of the first. It would have cost some 20% less if the configuration had been exactly the same but in this latter system the owner required some additional function but in any case that gives you the idea.
And it not only depends on what you want. If the owner of the first machine had wanted a servo system to increase its productivity it would simply would not have been possible due to the mechanical design of his machine. Using servos on it would result in a waste of resources as it was impossible to fully take advantage of them as the machine would not hold onto the extra stresses of high speed operation.
So you see there are a number of factors you need to consider before buying a machine and then some. You will have to search for different machines that can produce what you now want but you have to take also a number of considerations like future upgrades, availability of spare parts, availability of service, etc.
If possible try to get advice from professionals in your areas. Maybe you can pay a visit to actual workshops to take a look at what they do and what equipment they are using.
It may also be possible that you get advice in this very forum from people like Jim as they are more related to the field. Or it might even be possible that some member is nearby you.
One possible recommendation would be to take your time so that you select the best possible machine for your needs and your budget. Either being a hobby or a professional issue always think of it as an investment, not as an expense.
One last advise thay may not apply to you but I always tell my customers when facing the acquisiton of used machinery. They have to think on why a particular machine is for sale. Was it that the owner renewed his equipment?
It´s very common in the industry that when a machine starts to give problems and spare parts start to become scarce they decide to sell them while they can still sell them as machines. They also do that when their operating costs start rising above certain level.
I sincerely hope this reflections help you take the best possible decision.
Regards.