In my area, and in northern Michigan, $3000 seems to be the magic number for a beat-up, but running and useable wheeled backhoe/loader.
I've come across many for $1500, but you'd have to stick another $2000-$3000 into them just to be barely useable.
A few years ago, I bought a Deere 300B diesel loader-hoe for $3200 which was a steal. But I took a chance and bought it without even getting to try it first. I got very lucky. Has all new tires and it seems, a newly rebuilt engine.
I needed a wheeled backhoe in northern Michigan and could not find anything in my price-range. So, I searched in southern Michigan and got my IH 3414 in running condition, for $3000. But it cost me another $500 to get it trucked up north.
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Today's Featured Article - The Collection of a Lifetime - by Sherry Schaefer. The larest gathering of orphan tractors ever assembled by one collector will be auctioned off on May 15 in Rock Island, IL. Ed Spiess was a well known tractor buff who spent most of his time dreaming of rare and unknown tractors. His background as an agricultural engineer sparked his interest in the unique attributes of the models built from 1939-1959.
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