I've disassembled and cleaned the motors before. It's not difficult to do. Rumor has it the same motors are used in old 5.25" disk drives.
$1500 is an amazing deal for that machine. If the physical slot reels don't work, it doesn't affect gameplay at all. The reels are also reflected on the DMD and the mechanical ones can be disabled in settings, but they should be easy to fix and probably don't require replacement.