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 - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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