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Oliver, Cletrac, Co-op & Cockshutt Tractors Discussion Forum
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Does a repower help value or hurt value?

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Steve

12-09-2003 16:54:02




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I am still undecided on what I want to do with my 1750, it has a 310 with the extra hole, anyway ShepVa and others have answered my question on how much horse power I can put in front of the drivetrain but my next question is will putting another engine in it other than stock hurt the resale value. I am not planning on selling the tractor but you never know?




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Shep VA

12-10-2003 05:30:59




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 Re: Does a repower help value or hurt value? in reply to Steve, 12-09-2003 16:54:02  
Im still not sure on this one. I have not seen but two Cummins powered Olivers sell and both of them sold about what they would have with a good 310 Waukesha in them, or maybe just a tad more. I "think" that it would greatly affect the value to a collector as the tractor is not stock, but it "should" in my mind increase the value to someone who wants to actually use the machine.

So I guess my thinking is that by repowering a tractor you do lose its collectablity and an entire group of people that might want to buy it, but I am not convinced that you actually hurt its value with a well done repower. In fact I could make a case that you increase its value just because the engine is worth so much more by itself as an engine than the Waukesha is.

There are just not enough sales of these repowered tractors to know if their value is greater or not. I know I would pay more for a 1750 with a 5.9L Cummins in it, and I think there are a lot of others out there that would too.

The other thing to consider is as more of these tractors get repowered, and they are, they will become more and more common, and we will likely see more sales of them. This should drive the prices up as people understand what the repowered tractor is.

Ok so the bottom line, right now a repowered Oliver "should" sell for about the same price as a standard tractor with a good engine would. I am anxious to see more of them sell so that I can get a better handle on it, but am not willing to sell any to find out :-) I know that I value the repowered tractors more on my insurance than I do the stock tractors. I think I have $10000 coverage on my 1850 Cummins and the 1855 Cummins. That's not saying they would sell for that, but that is what I think they are worth.

Good question, and a good topic. Im sure others will have different views.....

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Don-Wi

12-10-2003 21:14:22




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 Re: Re: Does a repower help value or hurt value? in reply to Shep VA, 12-10-2003 05:30:59  
Well put Shep. I too would be willing to pay more for a good repower. It's a new engine in a reliable chassis as I see it. If it's already lasted 25 or so years, who's to say it won't last another 50? As long as parts are plentifull in other aspects, these machines are going to be around for a long time yet. Heck, someday the repowers may be collectable, depending on who did it maybe, kinda like a Shelby or Saleen Mustang. Same original chassis, just made better by someone else and it still carries the original label.
Donovan from Wisconsin

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Mike (WA)

12-11-2003 08:23:47




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 Re: Re: Re: Does a repower help value or hurt valu in reply to Don-Wi, 12-10-2003 21:14:22  
I can see it now- large group of guys around an 1855 at an auction- low murmurs of approval- someone shoulders through the crowd to see what all the fuss is about- says, "It looks like one of them there Cummins-Olivers." In reverent tone, a voice from the crowd says, "Ah, yes,- but its a Shep Cummins-Oliver!" :>)



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Don-Wi

12-13-2003 18:04:15




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 Re: Re: Re: Re: Does a repower help value or hurt in reply to Mike (WA), 12-11-2003 08:23:47  
Wouldn't that be great? Merlin's might not be worth as much because he made so many more;) Sometime I would love to get my hands on a cummins.
Donovan from Wisconsin



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Don-Wi

12-09-2003 19:56:09




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 Re: Does a repower help value or hurt value? in reply to Steve, 12-09-2003 16:54:02  
From what I understand, the resale is hurt a little, but for insurance purposes, it costs more to replace it if it has a few more horse.
Donovan from Wisconsin



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