I am a collector of all things powered. I have vintage cars, boats, a 1973 Kawasaki 500, and a 1947 Beech Bonanza.
Collecting for break-even or profit in money is not a task for the faint hearted. I can say that I make a little money on pretty much all transactions, but the key is to buy it right. I just bought a 1988 Porsche 928 in running condition for $1400. When I finish it, after spending around $8000 in materials and some labor, it will sell for ~$14-17,000.
It could be done with vintage or antique tractors too - but I have to agree that the tractor market is much more fractious than cars, or boats, or planes. The market for them is much smaller, and those that are in the market are looking for the special item. The Ford 8Ns, Allis D17, and Farmall 400 series just aren't going to make it.
My bro-in-law is a good example. I have a Ford 8N, and an old JD 2010. Both are in servicable but not restored condition. He just bought one of those small Kubotas with the FEL on it. He tells me how much it does, and how nice it drives, etc. Either of my tractors will do the same job as his, but I have a total of $3800 invested in BOTH my tractors. He spent $15,000 plus out the door. And yes, he does have a warranty. But - I could spend double the price on my tractors to keep them up and still be half the price of his one little orange tool.
Sell or give what you have now. Don't bother trying to make money after the fact. Money is made on the purchase and refurb work end, not on the sale end.
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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
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