People expect it here too... but one has to look realistically at things. Just because you dump a pile of money into dealership work on an old tractor (like say 8 grand for an engine) that was worth 6 grand, it doesn't mean that the tractor is any more field ready today than it was yesterday. It might take another 15 grand to accomplish that. Quite often when one starts adding those numbers up they find they can go buy a lot newer, less worn machine for less money. Personally I have no reservation about dumping a heap of money into an old tractor that still fits into my operation if it extends it's life another 20 years, but that doesn't fit if I went to sell it. I can think of a couple tractor here that are going to require over 20 grand worth of work in the not so distant future. Even if they shined like the day the left the line at Romeo in 1985 the still won't bring much over 20 grand. It's just life... and to be quite honest, I don't know that I'd want to buy such a tractor from someone else because you still don't know what they've done to it or the quality of the work that was done. A heap of parts invoices doesn't mean much.
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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