Getting it running, if its only a carb rebuild, would be worth the investment.
Leaks and other issues aren't worth the time; but there is a huge difference in a running tractor, or one that doesn't start and you say, well its just a simple fix.... Buyers have heard that line often, and will discount the price an entire engine overhaul based on it not running, because that is often what is really needed. Also with the price of rubber these days, good or bad tires affect the price a lot, but you just have to go with what you have. Good the tires hold air, you won't come out replacing them, but if wore out they certainly lower the tractor value these days.
If you can have someone in and get it running for a couple hundred bucks, you will get a lot more for it if buyers can hear it run, make the tranny move the tractor. Buyers are fine with fixing their own leaks and stuff, but they want to see it run and move a bit to know the power train is operational.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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