Look how the prices for used or available NOS parts has risen just in the last five years.
A bad example would be all the muscle cars we all bought sold & traded when growing up, look at their prices now, even though most are over 30 years old.
A classic will always be a classic whether it's a farm tractor, a car, a pick up,or any example you can think of.
I feel these classics are under priced as they are now when compared to other more modern machinery.
Yes, their prices will continue to rise right along with everything else, such as fuel, electricity, groceries, you name it.
Would I consider them a sound investment.......to a point.......
I have know several collectors, and some that are now passed who had barns full of these classics. Most were purchased for a song back in the 60's, 70's and even 80's. Compared to back then look how scrap prices have risen. These gentlemen all commented on how surprisingly their values had risen so much over the past decades.
I still believe you have to be nuts to put so much money, time & effort into a complete restoration.
But then again, my father & I made quite a bit of side money fixing up old cars & selling them back in the 60's & 70's. It seems there are more & more of these outfits on TV now doing the same thing, but they having to pay more for supplies & labor right along with the rest of us. I don't think that will ever change.
This post was edited by rhtx55 at 15:55:39 10/16/13 2 times.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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