The best money may be getting hired out to work on other people's stuff. The bad thing about a restoration of a common tractor is that you quickly spend more on parts than the tractor will sell for if it needs much work.
When dealing in old cars or tractors the bigger money is in rare items that are worth a premium when done. You can spend nearly the same time and money doing a 1 of 100 or a 1 of 30,000. The initial cost of the project will reflect the rarity, but the payback will be greater.
This all depends on your ability to find cheap projects to start with and the ways to have your own junkyard or parts supply. The auto rebuilders I know do well but they have well-heeled car owners paying them to work on the car. I know the projects that they have built to try to make money on ended up selling for a loss while taking up shop hours that could have been billed out!
It is a special person that has the mechanical talents so keep working on them. You can make money if you watch every penny spent.
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Today's Featured Article - Search For Spares - by Anthony West (UK). Following on from the aquisition of the old Fordson F, I was very much in need of spares. As a novice though I didn't appreciate the fact that there were so many Fordson tractors made, that all the other makes seem rare by comparison. As far as I was aware a fordson was a fordson and it was only through trial an
... [Read Article]
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