OK, so a total rebuild of your backhoe engine will cost how much? Can you do it for five grand? And after it's done how much will the backhoe be worth? Ten grand? So you're ahead by several thousand bucks, depending on what the scrap value is of your backhoe.
Now let's go down the car engine route. A good engine is going cost a few hundred bucks. But then you have to mount it in the 'hoe. That is going to take a lot of work and you'll have to purchase or fabricate a few parts. If you put 200 hundred hours into it, and you value your labor at 20 bucks an hour, that's four grand you've invested on top of the parts. So you really didn't save any money. After you're done with this project, what's your backhoe worth? Probably scrap value. Maybe a thousand bucks. You actually lost money by going the cheapskate route. And now you have a machine that's going to be nothing but aggravation to operate and maintain.
It is the cheapskate who, in the end, pays the most.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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