If you source your own electronics and spindle, you can knock close to $3000 off that price.$10-$12K USD is $12.7K to $15.2K Canadian. That's getting pricey.
A 4x8 PRO kit is $5100.
Their plug and play Nema 34 kit is $2600. You could build a comparable or better) control for $1000-$1300.
Their plug and play Spindle kit is $1700. You can get a 2.2Kw spindle and VFD for $300.
Yes, it's still not cheap, but you get a solid machine, with a solid warranty. And you know exactly what you are getting.