Posted by George Marsh on November 13, 2011 at 14:25:48 from (50.104.204.209):
In Reply to: Old Iron's value!!! posted by JD seller on November 13, 2011 at 11:36:41:
I've restored 2 tractors 1950 IHC and a 1953 Jubilee. I have 2 to 3x the money in each than they are worth. I'll never sell them. I play with them, mow the lawn, push snow, and the fun factor makes them worth every penny I put into them. It would cost way more than I have in my tractors to go out and buy a new one to do the same job.
So the matter of worth and value are different. Worth is what you can sell it for and value is what will it cost to replace it.
Just wish I could make money rebuilding them as a hobby, but a set of tires, tubes and rims will exceed the resale value of most old tractors.
Every week someone is crying about scrapping out tractors. Won't do any good. Old tractor only appeal to a dying market. When I'm gone, my kids will just sell mine. People today would just as soon have a Dixie Chopper than an old tractor to mow with.
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