In my area, and in northern Michigan, $3000 seems to be the magic number for a beat-up, but running and useable wheeled backhoe/loader.
I've come across many for $1500, but you'd have to stick another $2000-$3000 into them just to be barely useable.
A few years ago, I bought a Deere 300B diesel loader-hoe for $3200 which was a steal. But I took a chance and bought it without even getting to try it first. I got very lucky. Has all new tires and it seems, a newly rebuilt engine.
I needed a wheeled backhoe in northern Michigan and could not find anything in my price-range. So, I searched in southern Michigan and got my IH 3414 in running condition, for $3000. But it cost me another $500 to get it trucked up north.
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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.
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