I am a collector of all things powered. I have vintage cars, boats, a 1973 Kawasaki 500, and a 1947 Beech Bonanza.
Collecting for break-even or profit in money is not a task for the faint hearted. I can say that I make a little money on pretty much all transactions, but the key is to buy it right. I just bought a 1988 Porsche 928 in running condition for $1400. When I finish it, after spending around $8000 in materials and some labor, it will sell for ~$14-17,000.
It could be done with vintage or antique tractors too - but I have to agree that the tractor market is much more fractious than cars, or boats, or planes. The market for them is much smaller, and those that are in the market are looking for the special item. The Ford 8Ns, Allis D17, and Farmall 400 series just aren't going to make it.
My bro-in-law is a good example. I have a Ford 8N, and an old JD 2010. Both are in servicable but not restored condition. He just bought one of those small Kubotas with the FEL on it. He tells me how much it does, and how nice it drives, etc. Either of my tractors will do the same job as his, but I have a total of $3800 invested in BOTH my tractors. He spent $15,000 plus out the door. And yes, he does have a warranty. But - I could spend double the price on my tractors to keep them up and still be half the price of his one little orange tool.
Sell or give what you have now. Don't bother trying to make money after the fact. Money is made on the purchase and refurb work end, not on the sale end.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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