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Re: what would you do?
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Posted by Steve W on August 10, 2000 at 10:23:03 from (205.232.81.124):
In Reply to: what would you do? posted by pmt on August 09, 2000 at 10:51:30:
I got an old motorcycle that I've probably put 10,000 dollars into. On the open market it's probably worth half that. Ask anybody who's ever invested in a "muscle car". Like a gambler, they never talk about the losses...... That said, if you've been working on that N, I assume you've done up all the other things that could go wrong, like hydraulics, brakes, etc.... So now you are looking at a engine rebuild. It's a 1500 dollar job if you don't tackle some of it yourself. At minimum, the parts will be 400, add the machining, and you are talking a fair amount of money. Don't forget down time, and the value of your time. I hava neighbor who just rebuilt a AC backhoe engine, and thinks the Backhoe was a good deal. If he factored hs labor, he could have bought a decent and much newer backhoe. The point is, think this through, and the direction will become obvious. I'd say fix it right, and you'll have a tractor for a long time, or at the very least, you can get your rebuild plus in dollars out of a sale. Those N's bring a lot on the market. Good Luck Steve
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