The DAEWOO MYNX 500 is a robust CNC vertical machining center designed for precision milling and general-purpose production machining. Manufactured by Daewoo Heavy Industries (now part of DN Solutions), the MYNX 500 is known for its rigid cast-iron construction, reliable spindle performance, and long-term durability. The 2000 model remains highly sought after in the used CNC market because it offers excellent machining capability at a very affordable price.
The 2000 DAEWOO MYNX 500 typically features 40 inches of X-axis travel, 20 inches of Y-axis travel, and 20 inches of Z-axis travel. The machine is equipped with a CAT 40 spindle rated at approximately 10,000 RPM and a 20 hp spindle motor. A 30-tool automatic tool changer supports a wide range of machining operations. The large table and solid box-way construction make the machine suitable for machining steel, stainless steel, aluminum, cast iron, and engineering plastics.
The MYNX 500 is widely used in aerospace, automotive, mold making, tooling, and general job shops. Typical applications include fixture plates, molds, brackets, housings, and custom-machined components.
The 2000 DAEWOO MYNX 500 remains an outstanding value because it combines industrial-grade construction, dependable operation, and relatively low acquisition cost.
DAEWOO MYNX 500 SPECIFICATIONS
DAEWOO MYNX 500 – AXIS
Number of Axes
3-Axis CNC Vertical Machining Center
Axis Configuration
X, Y, Z
Optional 4th Axis
Yes
Positioning Accuracy
High Precision
Repeatability
Excellent
Machine Type
Vertical Machining Center
DAEWOO MYNX 500 – AXIS TRAVELS
X-Axis Travel
40 in (1,020 mm)
Y-Axis Travel
20 in (510 mm)
Z-Axis Travel
20 in (510 mm)
Rapid Traverse Rate
945 ipm (24 m/min)
Spindle Nose to Table
Approx. 5 – 25 in
Guideway Type
Box Ways
DAEWOO MYNX 500 – CAPACITY
Table Size
47 x 20 in (1,200 x 500 mm)
Maximum Table Load
1,760 lb (800 kg)
Maximum Workpiece Size
Medium to Large Components
Maximum Tool Weight
Approx. 17.6 lb (8 kg)
Maximum Tool Length
Approx. 11.8 in (300 mm)
Industrial Usage
General-Purpose Milling
DAEWOO MYNX 500 – SPINDLE
Spindle Taper
CAT 40
Maximum Spindle Speed
10,000 RPM
Spindle Motor Power
20 hp (15 kW)
Drive System
Direct Drive
Cooling System
Oil Cooled
Rigid Tapping
Standard
DAEWOO MYNX 500 – TABLE
Table Length
47 in (1,200 mm)
Table Width
20 in (500 mm)
Number of T-Slots
5
T-Slot Size
0.71 in (18 mm)
Workholding Compatibility
Vises, Fixtures, Rotary Tables
Table Construction
Precision Ground Cast Iron
DAEWOO MYNX 500 – TOOL TURRET
Tool Changer Capacity
30 Tools
Tool Changer Type
Automatic Carousel
Tool-to-Tool Time
Fast Automatic Change
Tool Taper
CAT 40
Tool Selection
Random Access
Maximum Tool Diameter
Standard CAT 40 Capacity
DAEWOO MYNX 500 – FEEDRATES
Maximum Cutting Feed Rate
Programmable
Rapid Traverse Rate
945 ipm
Servo System
Digital AC Servo
Contouring Performance
Excellent
Surface Finish Capability
Excellent
High-Speed Machining
Good
DAEWOO MYNX 500 – COOLANT & CHIP MANAGEMENT
Flood Coolant System
Standard
Chip Conveyor
Optional
Coolant Tank
Integrated
Coolant Filtration
Standard
Washdown Hose
Standard
Chip Auger
Optional
DAEWOO MYNX 500 – CONTROL SYSTEM
CNC Control Brand
FANUC Control
Common Control Models
FANUC 18M / 21M
Programming Method
Standard G-Code
Memory Capacity
Depends on Control
DNC Capability
Yes
User Interface
Industry Standard
DAEWOO MYNX 500 – POWER & AIR REQUIREMENTS
Power Requirement
3-Phase
Voltage
220V / 440V
Air Pressure Requirement
80 – 100 psi
Air Consumption
4 scfm
Frequency
50 / 60 Hz
Connected Load
Standard Industrial Power
DAEWOO MYNX 500 – DIMENSIONS
Machine Weight
Approx. 13,000 lb (5,900 kg)
Machine Length
Approx. 118 in (2,997 mm)
Machine Width
Approx. 102 in (2,591 mm)
Machine Height
Approx. 112 in (2,845 mm)
Floor Space Requirement
Medium to Large Footprint
Installation Type
Standard Shop Floor
DAEWOO MYNX 500 – GENERAL INFORMATION
Machine Type
CNC Vertical Machining Center
Manufacturer
Daewoo Heavy Industries
Country of Origin
South Korea
Model Year
2000
Primary Application
General-Purpose Milling
Automation Ready
Yes
INDUSTRIES THAT USE DAEWOO MYNX 500
Automotive
Brackets and Housings
Aerospace
Precision Components
Mold Making
Mold Bases and Cavities
Tooling
Fixtures and Plates
Medical
Precision Machined Parts
General Manufacturing
Custom Components
TYPICAL PARTS DAEWOO MYNX 500 CAN PRODUCE
Fixture Plates
Yes
Housings
Yes
Brackets
Yes
Mold Components
Yes
Precision Blocks
Yes
Custom Aluminum Parts
Yes
WHY CHOOSE DAEWOO MYNX 500
Rigid Box-Way Construction
Excellent
Reliable FANUC Control
Outstanding
Affordable Used Pricing
Excellent
Strong Cutting Performance
Excellent
Easy Maintenance
Excellent
Resale Value
Good
WHY BUY USED DAEWOO MYNX 500
Purchasing a used 2000 DAEWOO MYNX 500 is an excellent way to obtain an industrial-grade vertical machining center at a fraction of the cost of a new machine. Its rigid cast-iron construction and proven FANUC control make it a dependable choice for both job shops and production facilities.
Many used machines include chip conveyors, rotary tables, tooling packages, and probing systems. These options can substantially increase productivity and reduce setup times. Because the MYNX Series has a strong reputation for durability, well-maintained machines often continue operating accurately for decades.
Buyers should inspect spindle bearings, axis backlash, lubrication systems, and control condition. Machines with documented maintenance and low spindle hours generally command higher prices but offer greater reliability.
For manufacturers seeking a cost-effective and proven CNC machining center, the 2000 DAEWOO MYNX 500 offers outstanding value and dependable long-term performance.
HOW MUCH DOES A USED DAEWOO MYNX 500 COST?
MACHINE AGE / CONDITION
ESTIMATED PRICE RANGE (USD)
1998 – 2002 Models
$8,000 – $20,000
2003 – 2008 Models
$15,000 – $30,000
Low Spindle Hours
Premium Pricing
Machines with Chip Conveyor
Added Value
Machines with 4th Axis
Significant Premium
Refurbished Machines
15% – 30% Higher
Included Tooling and Holders
Added Value
Well-Maintained Machines
Higher Market Value
Excellent Mechanical Condition
Premium Pricing
Fully Operational Under Power
Higher Buyer Confidence
The cost of a used 2000 DAEWOO MYNX 500 depends on spindle condition, axis accuracy, maintenance history, and included accessories. Most machines sell between $8,000 and $20,000, while exceptionally clean machines with low hours, tooling, and a 4th axis can command higher prices.
Machines equipped with chip conveyors, probing systems, and rotary tables offer additional value and improved productivity. Buyers should also factor in rigging, transportation, and installation costs.
For shops seeking a durable and affordable vertical machining center, the DAEWOO MYNX 500 remains one of the best values in the used CNC market.