When you can't get parts anymore, you can't keep a machine going no matter how well you maintain it. Things are going to wear out.
Even if you can get parts, when the parts exceed the value of the machine, it does not make economic sense to fix it.
You hold up your example of a 256 rake. Well, New Holland still makes them. Everything is still available, and there is very little to go wrong on them. If all you needed to make hay was a rake, but it takes a lot more than that.
I really don't care how well you maintain something, it will eventally wear out to the point that fixing it is impractical or impossible. Our IH 881 forage harvester is that way. Most parts are NLA for it, and what little can be gotten is so expensive that just one or two parts exceeds the market value of the machine.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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