I have to SLIGHTLY disagree with the statement "...restoring an old tractor is NEVER an economic investment, you will never get your money or time out of it. It is a labor of love, and how deep your pockets are."
I"ve been restoring tractors for over 25 yrs. And I mean RESTORING, not fixing leaks, repainting and slapping new decals on. I"ve never lost money on anything I"ve restored, BUT I don"t count my time. I do this for fun, and sell one after I"m tired of it or looking for another challenge. It depends on WHAT tractor you restore. An F-20? That one could be a tough sell, but a correctly restored tractor, with receipts and documentation, always brings good money. If someone won"t pay for a good restoration, they aren"t really shopping or don"t know what a good restoration is. IF you count your time, then its a businees.. in which case, you probably will take a soaking. Just my 2 cents.
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