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I had my lift cover rebuilt 4 or 5 years ago and I think the work cost about $250. I removed the lift cover in my shop and took it to what was the Ford/New Holland dealer. I am sure that it would have been a lot more if I had them pick up the tractor and remove and replace the lift cover. The parts were only about $20, so the labor was most of the cost. If you decide to take off the lift cover yourself, have someone there to help you pick it up. It is very heavy and cumbersome and could injure you. I did mine alone, but absolutely do not recommend it. Also make sure to get a new O ring kit for the supply and return tubes and for the valve body on the lift cover, or you will probably get leaks when you reinstall the unit. Like you, I did not know anything about the lift when I started and decided to get it professionally done, to make sure the adjustments were done correctly. As it happened, when I first replaced the unit after the repair, it did not work. The company stood by the repair and redid it. It has worked fine ever since. Make sure that you really need to fix the lift cover. Others have written that both positions of the draft control should be tried, it should be established that the pump is pumping (in my case the loader was working) and that there is plenty of clean hydraulic oil in the sump. It is possible to remove the PTO shift cover to see if there is leakage from the main hydraulic cylinder, but if the problem is a stuck valve, like mine was, the pressure is just bypassed internally to the return port and there is nothing to see. Good luck, this is not a repair you want to do every day.
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