Just to be clear you're talking a bench mount disc/belt sander? A bench grinder to me is a motor with grinding stone wheels on either side of it.
If you're talking sanders, I picked up a harbor freight combo about a year ago, in a pinch. Very shaky, the stand was too short (boosted it up on 4x4s and it's perfect), and the damn on/off switch is on the back. But for the price, it works just fine and got me what I needed out of it. I picked up some better quality abrasives and it really works fine.
As for getting old stuff, I just picked up some oldies that haven't been used since at least 1987. Just gonna need a little tuning up and use and they should be great. In other words, if you have the time, wait and scour craigslist to find something nice, and in your price range. You can broaden your search by using a website like searchtempest.com, which searches all craigslist areas within a specified distance. It's a big time-saver.