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Re: Massey Pony Restoration


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Posted by wisbaker on May 28, 2012 at 12:20:17 from (207.118.181.106):

In Reply to: Massey Pony Restoration posted by Stan Napierkowski on May 28, 2012 at 11:08:16:

That's the problem with old equipment, cars, trucks, airplanes and now to some extent houses, they can be replaced for less than repair or restoration. Two factors- first the sum of the parts are worth more than the entire unit. If you went to your local car dealer and bought all the parts to assemble your new car a $25,000 dollar car would cost you several hundred thousand dollars. Breaking something for parts isn't the fat cow you might think it is because you won't be able to sell every part of the machine in a reasonable time frame, inversely when you purchase parts you need to acquire parts in mass and probably the most popular parts. Second with the increased standard of living in our country as well as increased taxes and liability, license and environmental costs and the increased cost of land, buildings and utilities (energy) breaking equipment, repairing and rebuilding costs more than it did years ago. That explains why this is a hobby, because it's extremely difficult to make a living reversing entropy on equipment. As a hobby the value of old tractors is dependent upon a strong economy and people having discretionary spending available to pursue hobby spending. The tractors you have are all pretty small, folks with larger tractors may have an additional outlet for their tractors if they are large enough to be useful on a commercial farm operation.


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