 I've owned this tractor since it was new. I paid right at $4000 for it in 1971. 2 years ago, I decided to "make it new again". At that time, 150's in simular condition were selling for around $5000 to $5500. During the process to restore it to its present condition, I bought tires/tubes, fenders, alternator, fuel pump, fuel sending unit, seat cushion and suspension, PTO shield, steering wheel center cap, decals, paint, lights, brakes, gaskets, OEM top link, drawbar, tie rod/drag link, battery, bolts/nuts/washers galore, oil pressure switch, and a bunch more incidentals. I spent a little over $2500. (along with 2 years worth of spare time, electric for the shop, kerosene and wood to heat the shop, ect) All toled, I had a $5500 tractor and spent $2500 on it for an "investment" of $8000. It's a $6000 tractor IF....IF I can find someone who'll spend $6000 on it. It would take a minor miracle to get $8000 (and a PT Barnum "sucker born every minute" buyer) I wouldn't TAKE $10,000 for it, but that doesn't make it's market value $8000 OR $10,000. I've got an F-40 and an MF50 sitting out behind the barn awaiting their turn. The 40 was my dads, the 50 was my uncles. Both were given to me. I'll be shocked if EITHER get finished to my satisfaction for UNDER $4000 each. No plans on selling either, but they're only worth market value no matter how good of a job I do on them. A full blown tractor restoration ISN'T a way to drastically increase your net worth.
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