OK, so a total rebuild of your backhoe engine will cost how much? Can you do it for five grand? And after it's done how much will the backhoe be worth? Ten grand? So you're ahead by several thousand bucks, depending on what the scrap value is of your backhoe.
Now let's go down the car engine route. A good engine is going cost a few hundred bucks. But then you have to mount it in the 'hoe. That is going to take a lot of work and you'll have to purchase or fabricate a few parts. If you put 200 hundred hours into it, and you value your labor at 20 bucks an hour, that's four grand you've invested on top of the parts. So you really didn't save any money. After you're done with this project, what's your backhoe worth? Probably scrap value. Maybe a thousand bucks. You actually lost money by going the cheapskate route. And now you have a machine that's going to be nothing but aggravation to operate and maintain.
It is the cheapskate who, in the end, pays the most.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather�s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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