For the most part, restoring a vintage or antique tractor is a project of love (family heirloom) or an exercise in "I like to fix old things". it never has and never will be a money making proposition.
With that said, I am 3/4 of the way through restoring a 1949 IH KBS5 truck, that I will use to display/haul my tractors to shows. I am now at $14,000 plus in parts/labor alone, and that does not include the purchase price or shipping to get it to Pa from SD. When I am done, $20k is probably going to be my total investment.
When I am done, I will have had the enjoyment of doing the restoration, and the pride of being able to show the truck. I highly doubt it will ever be worth what I have into it, and quite frankly, I don't care.
You have to decide what you want to spend, and what you are going to do with it when you are done. We here on this site, can provide input and information around costs, but none of us can make the decision if it is worth the cost to YOU!
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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