I don't have an hour meter on my lathe. Changed oil after the first couple of months of intermittent use. It still looked like new. I had opened the headstock gear case when I got it to check for crap. (I've heard all the horror stories about casting sand etc.) It was very clean, no oil either. The other two cases had oil. According to the manual you should change oil every year. Since I'm a hobbyist it would take a long time for me to match one year of production use. The oil still looks like new after two years. The gear case that drives the feed shafts had a leak. I took it apart to replace the gasket, so it got changed. What a PIA it was to get back together. My manual recommends Mobil DTE Heavy Medium for all cases and the ways. Cost was $83 for 5 gallons locally. I ordered the lathe 6/26/16, $6999. Came with Steady & follow rests, 6" 3 jaw, 8" 4 jaw, 12" face plate, drill chuck, wedge QC with 5 holders, foot brake (works well,) coolant system, Easson DRO installed, Leveling pads, light. Got these options: Taper attachment $495, 5C adjustable collet chuck w/D-4 back plate (very nice) $299, 35pc. 5C collet set (.0005 TIR) $140. $160 discount on all for paying by check. It took until October to get it. It came with a MT4 keyed chuck but the lathe has a MT3 tailstock. Matt sent me a very nice keyless chuck to replace it.
I checked the current price $7773 but doesn't have the DRO or drill chuck ($650 & 80) so it has gone up $1504 in 2 1/2 years.