a good paint job will run you easily $300+ by the time you count paint, primer, thinner.... good decals around $100, about the same for a wiring harness.... Does the engine need rebuilt, or just refreshing along with the carb?
Like Matt said, you'll never get your money back on a honest, do it like it should be, refurb. I know guys with other brands who have literally spent $2000-$3000 in a top quality, better than factory restore only to sell the tractors for less than $1500.
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Gary
'49 Farmall Cub, '62 "Original, '70 73 w/402-D Haban sickle, '71 127 w/38" cast end deck, '73 149, '76 Sof76, '07 LT1045 w/bagger, '09 GT2544 w/bunch of mods.
5 Exmarks, Kubota B2920, blah, blah, blah...
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