I am looking to replace my old Craftsman compressor (oiless). I want a compressor that will be able to supply tools such as cut off tool, sanders, pretty much all types of pnuematic tools, including sprayers. There are so many variations in horsepower, sqfm, cfm, etc. I know I will be getting at least a 60 gallon, non-oiless and I do have 240 plugs I can hook to. I am thinking at least 5 hp on the motor but I do want to have continuous air supply, if possible. So please let me know what sqfm or cfm I should be looking for or anything else I should look for. Budget will not allow the higher-end professional units unless I can find a good used on on craigslist or somewhere else. I want to spend around approx. 200 to 400 bucks.
The old Craftsman did its job but cannot power cut-off wheels, etc. I will retire it to filling up tires, etc.