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Re: What's Your Restoration Cost?
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Posted by Joe on August 07, 2003 at 19:35:59 from (12.216.46.68):
In Reply to: What's Your Restoration Cost? posted by Nathan on August 07, 2003 at 13:33:53:
I'm delighted to see this question come up. I raised this issue on the Ferguson forum some time ago and the members purposely refused to comment, saying they didn't want to divulge such information!! I think it's a very interesting and valuable comparison to make because it gives everyone a yardstick for their own projects and gives beginners an idea of what they may be up against. I have a Ferguson 40 that I purchased at an auction which subsequently has had an engine overhaul, new fenders, grill, lighting harness, rear axle seals, ignition and a complete paint job. I have about $8,500 invested. Will I ever get that back? No, pretty unlikely. If you review the 4-H and FFA tractor projects at your local or state fairs, those that include costs of the projects are usually in the $5,000-$10,000 range. Granted, a lot depends on what you start with but just about any tractor over 40 years old that has not been used for some time is going to require a significant investment if you want to truly "restore" it to something close to what it once was. The simple truth is that a thorough, careful restoration of an old tractor will almost always cost more than it's really worth......if you don't count the personal satisfaction involved and the pleasure derived from using a tractor you have personally "saved". That personal satisfaction, however, is priceless. Joe
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