Re: Tractor Prices

Posted by CEB on October 05, 2005 at 09:47:25 from (199.150.177.135):

In Reply to: Re: Tractor Prices posted by BobMo on October 05, 2005 at 08:21:12:

Bob, I believe you have correctly summed this up. I think a lot of the people that restore antique tractors believe they should get every penny they put into the tractor in parts plus more for their labor. Fixing up an old tractor is a HOBBY. The definition of a hobby is something you enjoy doing but don't do to make money. To spend hours and hours restoring a tractor and figure you can actually make wages just isn't realistic. Most of the time you'd be lucky to get what was spent on parts back.

The people that actually buy and sell tractors for a living (like dealers for example) don't put much into the tractor. Only as little as they can get by with and still sell the tractor in a reasonable time frame for a profit. Sometimes they lose money because they misjudge the tractor and their turns out to be a lot more wrong with it than they had planned.

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