Looking for a Plotter machine to make one

Would this be a good machine: HP DesignJet 1050C Plus Plotter

I'm not familiar with that machine but from what I could determine on line it is a large format printer and plotter, (not a cutter). We use a R31 vinyl cutter / plotter that purchase from sign warehouse several years ago. It is low end but has prove to be very durable. It came in a complete package with software (don't forget that}. You also need stencil cutting font. There are some ava on line free bot not the best. Some versions of Windows may include it. We have cut up to 12 inch but use mostly nine inch cut from synthetic stencil board (SSB). it is very durable and can be used over and over. We buy 18 inch by 100 foot roll for around $125.00. Makes a lot of stencils. We also make all our own lettering for trucks and trailers using a different material. Google sign warehouse and you can get a good idea of what is ava,