This may be a silly question but before I run off and replace my lathe, I have to ask it. I purchased a Rikon 70-100 mini lathe several years ago. Recently I am noticing that while drilling, yhe point of the drill does not contact the center of my work piece. If I just lightly contact my work with the point of my drill. it scribes a small circle on the work piece. When I bring my tail stock up to the head of the lathe with centers in both pieces, the points are ever so slightly off. I assume the error is magnified as the tail stock is slid away from the head of the lathe.
Is there a way of adjusting this? I'm thinking that it might be easier to just buy a better lathe and if I do buy a new lathe, how can I insure I get one that is accurate?