I agree with checking out your local dealer for a used machine. Lots of folks do trade-ins for newer models so there are some nice machines out there very reasonably priced. Most dealers will also offer some kind of limited warranty on a used machine purchased from them (at least mine does). I have a Husqvarna Viking (Platinum) which does have the needle up/down feature (that you can turn on/off at will). No low bobbin indicator but as GarageDragon says, it makes a different sound when the bobbin is running low and is a decent indicator as long as I pay attention.