Posted by Dave H (MI) on November 28, 2019 at 08:51:34 from (50.108.77.194):
In Reply to: What’s it worth? posted by john achmann on November 28, 2019 at 07:43:39:
Do what I do. Start with what it will be worth when you do all you wish to do with it other than paint. So if it is a $3000 tractor in working condition and complete...meaning you could take it to the field and plow with it...then start subtracting your improvements from that. So what do tires, grill, fenders and 3 pt arms cost? Tires we know are around $1500. If you put a battery in it (close to $100) and it spins over without making a lot of noise but does not start, then the missing parts and tune up kit, carb kit etc could run you another $1000. I guarantee you it needs the starter rebuilt, maybe the alternator. So you would be losing money on this tractor at $501. I don't know these numbers are accurate...it is just an example. And it may not matter to you that you put a little more in it than it can pay you back by itself. If you are going to work it, that would be normal because there is value in the work it does. Put that thing in a 20 acre hayfield and it will earn it's keep the first year. Then there is the fun of raising the dead....lots to consider. Definitely worth some thought.
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