I just went through the research and purchase phase. Long and short of what I found out is this. There are some great compressors out there and there is a pretty large swing in pricing. For me, I didn't look at used. It's not that money is no object, it's just that I only have one set of lungs. Not to mention the fact that some of the rebuild numbers I heard could make a used compressor "like new" priced pretty quickly. Along with that, I figured this was something that I was going to buy once, use for years and years, and even after that, I could recoup a pretty large chunk of my initial purchase price. I didn't see any financial benefit in long term cost of ownership in buying used compared to new. Next thing I looked at was what company was going to be there in five and ten years to service this thing and get me parts. After that, the decision was pretty easy. Looking at all that information, I found there were only a few companies which I would consider. I did look at some of the less expensive compressors but I figured that the cost of ownership would end up being higher, mostly when it came time to sell/upgrade. The final decision was looking at the compressors I found that some of the competitors of Bauer were using Bauer parts. What that told me was Bauer was the benchmark company. It seemed to me that if these companies are using Bauer filters and other Bauer parts, Bauer is probably the best/leader in compressors. Decision made. I purchased a Junior II gas powered.
I went with gas so I could also use it one my boat. I am building a "stand" to hook up the compressor and run off an electric motor when not on my boat.
Through this whole process, Bauer was wonderful to deal with. They answer the phone and want the customer to be happy. The compressor was damaged by FedEx and Bauer covered it. Why, they wanted me to be a happy customer. So like my earlier post said, find what Bauer you want and buy it.
As far as all the other stuff, for an additional $1000 or so I should be able to mix all my own gases and be realatively self sufficent. So as for a $5000 budget, I'm going to just about hit that. I may go over by a few hundred dollars. The compressor was $4K and some change. But what the heck, I dive and boat, so really it's only like 5 boat dollars or about 10 scuba dollars.