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Although it may be a fun project, repairing won't make you any money, if you're planning to sell it after fixing. Here in New Jersey, if that spreader was offered in restored condition, you'd probably be able to get $800 or so for it, but the time and effort, as well as parts, will total more than that. If you plan on keeping it after the repair and using it yourself, that's a different story. I've done stuff like that myself, mainly because I can look back at that machine doing a job, and have the satisfaction knowing that I brought it back to life from a rusted hulk that was sitting in the fencerow. Selling it "as is" probably won't get you more than scrap value, which isn't much. If it has some good, in-demand parts, like beaters, ratchet drive, sprockets, etc., then parting it out would be the way to get the most money out of it with the least input. Repair those wheels, I'm sure there's someone out there who needs a set.
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