For the most part, restoring a vintage or antique tractor is a project of love (family heirloom) or an exercise in "I like to fix old things". it never has and never will be a money making proposition.
With that said, I am 3/4 of the way through restoring a 1949 IH KBS5 truck, that I will use to display/haul my tractors to shows. I am now at $14,000 plus in parts/labor alone, and that does not include the purchase price or shipping to get it to Pa from SD. When I am done, $20k is probably going to be my total investment.
When I am done, I will have had the enjoyment of doing the restoration, and the pride of being able to show the truck. I highly doubt it will ever be worth what I have into it, and quite frankly, I don't care.
You have to decide what you want to spend, and what you are going to do with it when you are done. We here on this site, can provide input and information around costs, but none of us can make the decision if it is worth the cost to YOU!
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Today's Featured Article - Talk of the Town: How to Remove a Broken Bolt - by Staff. Another neat discussion from the Tractor Talk Discussion Forum. The discussion started out with the following post: "I have an aluminum steering gear housing with a bolt broken off in it. The bolt is about a 3/8" x 1 1/2" bolt. I've already drilled the center of the bolt out with about 7/64" drill bit the entire length of the bolt. Only one end of the bolt is visible. I tried to use an easy out but it wasn't budging and I didn't want t
... [Read Article]
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