Here is a video of one being used:
Hardinge Turret Lathe - YouTube, here is another of an actual Hardinge from times long gone:
Hardinge DSMA Turret Lathe.mpg - YouTube. Turret lathes where at one time they way to mass produce stuff.
That is one way to look at it. However being able to make the parts in quantity is critical. Besides once you have such a lathe you can put it to work in other ways to pay for itself.
The videos should help answer that question, properly set up a turret lathe is very much a production machine. Here is a video of a Warner Swasey turret lathe:
Warner & Swasey #3 turret lathe, first parts - YouTube. This is actually a smaller turret lathe as there use to be some real beasts in this family of turret lathes. Obviously you don't need one that big but it should be noted the your tooling options increase dramatically on the larger lathes.
Box tools? What do you mean buy that? If you mean ready to go tooling this is a used market for the most part, I'm not even sure if you can buy quality turret lathes any more. So tooling and attachments for the most part are now either used or DIY. These guys are an example of what can be had on the market:
Small Tools New and Used Tooling Of All Kinds
Before writing the above I forgot about the instant capability of the internet, It looks like you can buy knock offs of Hardinge's finest still. For example:
cyclematic toolroom lathe Precision lathe small lathe ???? ???? ???? ???? ????. Still for the most part the lathes are a thing of the past as I'm not even sure you could find a large in production turret lathe like the old Warner Swasey of the past.