Posted by George Marsh on November 13, 2011 at 14:25:48 from (50.104.204.209):
In Reply to: Old Iron's value!!! posted by JD seller on November 13, 2011 at 11:36:41:
I've restored 2 tractors 1950 IHC and a 1953 Jubilee. I have 2 to 3x the money in each than they are worth. I'll never sell them. I play with them, mow the lawn, push snow, and the fun factor makes them worth every penny I put into them. It would cost way more than I have in my tractors to go out and buy a new one to do the same job.
So the matter of worth and value are different. Worth is what you can sell it for and value is what will it cost to replace it.
Just wish I could make money rebuilding them as a hobby, but a set of tires, tubes and rims will exceed the resale value of most old tractors.
Every week someone is crying about scrapping out tractors. Won't do any good. Old tractor only appeal to a dying market. When I'm gone, my kids will just sell mine. People today would just as soon have a Dixie Chopper than an old tractor to mow with.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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