Posted by JRSutton on August 10, 2011 at 16:25:55 from (75.130.109.233):
In Reply to: '48 cub posted by carl reitnauer on August 10, 2011 at 12:12:32:
No way to know if it justifies a high end restore. But probably not (from a financial perspective)
Cubs are the "everyman's tractor" justified to wives all across america as a cool lawnmower. So there's a huge market for it, and they do command a premium over larger tractors - pound for pound.
But if your motive is profit, you'd need to have gotten a very good deal on the tractor to begin with.
And if that IS the case, you'd be MUCH wiser to turn it around right now and sell it at a fair market price and take the profit.
Otherwise you're going to assume quite a bit of risk, for very little potential gain.
These are old machines, living well beyond their life expectancy. Technically speaking, every part that moves needs replacing or refurbishing.
Start tinkering, and who knows what you'll come across.
Every dollar you spend on it raises the asking price. Every dollar rise in the asking price shrinks your potential buyer market.
God forbid you find a crack in the block, or some other major flaw, suddenly you're into the land of no return on cost. That's the risk.
Why take it?
Not to say there's not a sucker born every minute, and you can always find SOMEBODY who will give you more than it cost you...
But if you're going THAT route, you can STILL sell it now to a sucker without doing anything to it at all, without risking more money into it.
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