To rebuild or not to rebuild?

dej(Jed)

Well-known Member
Any engine can be made to run if you throw enough money at it. Somewhere along the way you
need to use Common Sense though. I don't paint tractors and I no longer rebuild them. A 2010 JD taught me that lesson years ago. I invested $6000 and sold it for $5000. Now I make them run and offer them at a very reasonable price. I figure let someone else have all that fun. When I get a tractor the first thing I do is look at the oil. It helps when you own a testing lab. A simple oil test can tell you everything you want to know about the engine. Also a spark plug and exhaust pipe examination can also tell you a lot. Oil with excessive levels of wear metals is indicative of major engine wear and that will mean major dollars. Fuel dillution % also tells you a lot. Add to this analysis the plug condition and you may not want to bother with a rebuild.

(fuelsandlubestechnologies.org)
 

A fresh paint job on an OLD tractor is a good indication that a serious defect is being hidden. In todays economy, GOOD tires will sell a tractor quicker than anything else.
 
Had a fella look at my 53 SM. And it was cosmetics that he was looking for. All mechanical things were up to parr.w/near new rubber. He didnt buy. Go figure.
 
It is the same trick that used car sales people have used successfully for many years.
You "clean them up", shine the heck of them, and spray some smelly stuff inside.
If I ever buy another used vehicle, I want to see BEFORE anyone cleans it up.
The real joke on the roads today is the guy with no real job, driving an old cluncker with tires, rims, and paint that are worth more than the entire vehicle.
 
Jed: i figure it's a 50/50 situation, some want a good looking tractor [paint], while some want a good running [mechanical], to get both you have to spend both 50/50's//// i did for my w-6 i have both, new eng, rubber, paint, etc, nothing needed, but to drive and enjoy/// my j-d 'b' is original shape, runs good, needs little repairs,[wiring for lights], so it's a decent low price 50/50 tractor..
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(quoted from post at 10:53:02 02/29/12) Jed: i figure it's a 50/50 situation, some want a good looking tractor [paint], while some want a good running [mechanical], to get both you have to spend both 50/50's//// i did for my w-6 i have both, new eng, rubber, paint, etc, nothing needed, but to drive and enjoy/// my j-d 'b' is original shape, runs good, needs little repairs,[wiring for lights], so it's a decent low price 50/50 tractor..
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BOB-Now that is a good looking machine. Heck anyone with an ounce of tractor knowledge can tell a nice straight tractor from a coubled up junker. Some of the prices I see tractors advertised for in our area are just ridiculus. The sad part is that they never sell. I don't know whether to feel sorry for them or what. I had a guy wanting $1000 for a SA Farmall this weekend. It ran well, but had issues. He about begged me to take it and when he said $350 I took it. Now was I wrong? I gave him what he felt it was worth.
 
For resale-I doubt you get the cost back. I've sold a few tractors, and the only way I could do any good was buying them right, and selling them reasonable. I've fixed a few up, and broke even or worse when I was done. For a tractor to keep, I think a rebuild is a good investment. I've got several that I've rebuilt, and all have paid their way and then some.
Josh
 
I agree, for long term ownership, restoration can be considered economical in some cases, and is definitely fun and personally rewarding.

Restoration of old stuff with limited parts availability is no way to make money though. You just can't do it cheap enough and still have it be considered "restoration".
 
I had my own repair shop a few years back. I kept pretty busy,didn't make alot of money for all the time that was involved. You spend alot of time bookkeeping,parts running etc.

I later started buying up compact tractors and implements and reselling them. I made more money at that then all the time repairing. And far less work. Then the economy went to pot and things just don't seem to sell as well so I haven't risk my money buying anything yet.Plus I don't have much left either.

I never did do the "Dupont overhauls"

If I was going to fix something it was going to be right or not at all. Did minor repairs just to get it running as needed,but if it needed much it got sold as is or parted out. I still have several that were fixed right and likely won't get my money back out of them if I ever would try and sell them.
 

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