If it has a metric thread chart on it it will cut a metric thread.You will have to change gears and with an inch based lead screw you won't be able to disengage the half nuts and will have to reverse the lathe to run the carriage back for the next cut.
If this is one with a variable speed, check if it holds where you set it. The Clausings I used at tech school had a hydraulic adjuster that went bad.
When trying it out do not adjust the speed without the spindle running, this will blow out seals.
For a small lathe I thought they were pretty solid, most I saw used were very used with issues.
Dave