Yes - the thought is you'd never recover your investment selling, however - using $20K as a total investment, you've not spent, say $40K on a new tractor. Your overhead is lower as well as your break even point it would seem to me. Doubtful the new tractor would last, much less retain its value either.
Repairs - I get it that when a tractor has to run, it has to run. Larger acreage, easier payback - I assume, so new makes sense. Heck - my JD5055d I bought new. I was glad to get it as the tractor was/is one of the last without emissions, onboard computer and all sorts of electronics. But a Hyundai cost more than that tractor!
It's just kind of cool IMHO that these late 60's thru the 70's of row crop tractors were built so stout that they lend themselves to repeated rebuilds and in someways are competition to new tractors.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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