This is brand new. I bought it last fall and never even plugged it in. It is way overkill for what I need since I only ever need to cut very thin metal. I bought myself their smallest cheapest one instead and it suits me fine. Here are the details and more in the link below.... This portable, high-efficiency plasma cutter is equipped with the latest inverter technology, making it perfect for cutting mild steel, stainless steel, brass, aluminum and other conductive metal. It delivers 1/2 in. clean cuts and 1 in. sever cuts, and features a 30% duty cycle @ 45A, pre-set air regulator and thermal overload protection system. After tax it comes to $1350 https://www.princessauto.com/en/procut-45-plasma-cutter/product/PA0008611303