Thanks to everyone for taking the time to offer your thoughts. It looks as though the price they paid would have been on the high side for a tractor in good condition, and that it would take probably a thousand or more to pay someone to fix the motor & rad. I tend to agree with Dave"s suggestion for the owners to sell it for what they can get. It sounds like they will be lucky to get $1000 for it as is. That"s unfortunate; an expensive lesson, but as Tom mentioned, most of us have had the unpleasant experience of paying too much for something, or being taken. The owners have a good attitude about it, and are ruefully taking it as a lesson. Losing at least a thousand is gonna hurt, tho.
There is a local mechanic who works a lot with vintage tractors, and I"ve been trying to reach him to see what if anything he might be able to do for them. If he can buy it from them as is, that would seem the be the best outcome. I don"t have a place to do the work, nor the tools and experience to replace cyl sleeves, or I would try to do it myself.
If anyone has any other thoughts or suggestions, I"ll be happy to pass them on.
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