In your case I would say you would benefit from the appreciation because even the median price the insurance company would find would be above the new price. Further, you can readily distinguished features based on the model year for a 4020 to filter certain examples out. I would not think a plain jane 1964 4020 would carry the same insurance value as a fully optioned 1972 for instance. It would be interesting to see what would happen on a 1988 348 baler as the 348 is still made today. Whether you could argue yours was in as nice condition as one sitting new on a dealer's lot. Probably would fail but I know there are guys who would try.
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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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