Want something new with warranty? For that $700 you could get a brand-new Pioneer PLX1000. Best TT under $1K! I have one in my collection! Made in Ch*na - but so what! So is my android phone! The PLX1000 is a quality piece that sounds excellent (see Herb Reichert's review in Stereophile). And is a lot more affordable than the newest Technics 1200 ($1.8K).
I had an AR ES-1 when it was first introduced, and liked it okay. But for $700 you can get what I consider to be a better table (with an arm of your choice, perhaps a Jelco), the one I replaced my ES-1 with: VPI HW-19 Mk.2 or Mk..3., commonly available (without arm) for around $500.
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