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Hit & Miss Gas Engine Discussion

Did I overpay?


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  #1  
Old 10-09-2009, 08:34:41 PM
EngineBob EngineBob is offline
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Default Did I overpay?

$800 for a Sattley 1.5hp running. So did I?
EB
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  #2  
Old 10-09-2009, 08:40:45 PM
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Doug Kimball Doug Kimball is offline
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Default Re: Did I over pay?

Bob,
A photo would help us decide.
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  #3  
Old 10-09-2009, 08:53:40 PM
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Craig A Craig A is offline
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Are ya HAPPY Bob?

If you ARE........then NO......you didn't overpay....... .......

Last edited by Craig A; 10-09-2009 at 08:54:31 PM. Reason: screwed up
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  #4  
Old 10-09-2009, 08:56:54 PM
Richard H. Gambrell Richard H. Gambrell is offline
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Default Re: Did I overpay?

They ain't makin em no more.
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  #5  
Old 10-09-2009, 09:13:52 PM
smgussey smgussey is offline
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Default Re: Did I overpay?

How about $650 for a Fairbanks 3 horse ZC? It runs, but needs some work... I'm OK with it, but the seller wasn't totally honest about the true condition of the engine, and that's what hurts.
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  #6  
Old 10-09-2009, 09:19:44 PM
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JKWidener JKWidener is offline
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Default Re: Did I overpay?

Paid $100.00 for one that needs a wico mag "$225.00" And a few other parts "$100.00" So, should have about $500.00 in this one when its done. But like craig said, as long as your happy, thats all that matters.
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  #7  
Old 10-09-2009, 09:27:35 PM
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Randy Hart Randy Hart is offline
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Default Re: Did I overpay?

I bought a 2 hp Witte headless that was un-molested and paid what I consider a bleeding edge price.. But thats what I wanted and I'm happy. Sometimes we are better off not looking back.
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  #8  
Old 10-09-2009, 09:34:32 PM
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Alan New Alan New is offline
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Default Re: Did I overpay?

In this "hobby" these days, well in fact EVER, there is no such thing as overpaying. I have paid what I thought was WAY TOO MUCH many times for gas engines, tractors, ane even traction engines, considering the cost of restoring them. Never got burnt yet and never will. What is way too much today, will be a bargain 5 years from now.
I've got several items that I thought I paid way too much for, some very recently, that I could sell for twice or three times what I paid for them, and some of them I haven't even restored yet.

I have great concern for the young kids growing up in this hobby like I did 40 years ago. I had a chance at getting some good stuff, then. They don't now, and I don't see it getting any better.

Alan
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  #9  
Old 10-09-2009, 09:39:00 PM
Skip Landis Skip Landis is offline
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Default Re: Did I overpay?

some 40 years ago there was an antique shop along the susquehanna river that had a large lambert engine priced at 1200 i think. i looked at it many times. wish i had it now. skip
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  #10  
Old 10-09-2009, 09:43:54 PM
smgussey smgussey is offline
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Default Re: Did I overpay?

Found a 1-1/2 Economy restored in perfect running condition, fella wanted $1200 and Dad said it was too much and I don't have the cash to buy it on my own... probably put a little buyer's remorse into my Fairbanks as I'd love to have an Economy! In five years, that might seem like a real cheap deal... maybe I should just get a loan and go buy it?

I know I've sold a couple of old tractors that I wish I still had, but seemed like a good deal to let them move on at the time. Thankfully I've only ever sold one engine to regret...
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  #11  
Old 10-09-2009, 10:31:21 PM
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OldironJeff OldironJeff is offline
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Default Re: Did I overpay?

Just smoked the trans in my Ford Ranger hauling old iron that was'nt worth the cost of the repair.
But I aint lookin' back cause I am having fun and thats the name of the game.
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  #12  
Old 10-09-2009, 11:17:18 PM
Joe P Joe P is offline
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Default Re: Did I overpay?

Whenever I think I might have paid to much for something tangible I just remind myself how much I have wasted in the liquor store, the ocasional pulltab box, etc. Then it doesnt seem bad at all!! LOL
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  #13  
Old 10-10-2009, 12:11:51 AM
smgussey smgussey is offline
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Default Re: Did I overpay?

Joe P - I've brought that up in financial discussions with my wife - the money wasted at the liquor store, the bar, or the so-called "gentleman's club." Which we have done NONE of - we used to go once a month in college after turning 21 to the bar for an evening with $20 for the both of us. When it was gone, a sober friend drove us home.

It works both ways, when she wants something extra and ponders the cost I let her know that any hobby is better than those destructive ones of drinking, smoking, etc. and she does the same for me.
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  #14  
Old 10-10-2009, 12:19:09 AM
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Tom Cwach Tom Cwach is offline
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Default Re: Did I overpay?

I can go to work and "make" some more money in less time than it takes to find another good engine.
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  #15  
Old 10-10-2009, 06:01:42 AM
Ed Radtke Ed Radtke is offline
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Default Re: Did I overpay?

Today's overpayment is tomorrows bargain.
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  #16  
Old 10-10-2009, 07:36:38 AM
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Walt Beeman Walt Beeman is offline
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Default Re: Did I overpay?

Engines don't really have a set price, if you wanted it and were willing to pay for it, then it is worth the money. It all boils down to what the engine is worth to you. I have put that much money into restoring a common 2 horse Jaeger, but I am quite happy with it, and that is all that matters to me.
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  #17  
Old 10-10-2009, 07:50:12 AM
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Default Re: Did I overpay?

If its a field brundage built sattley I would say you got a good deal. If its a nelson built and runs you didnt do bad. If you are happy with it really doesnt matter.
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  #18  
Old 10-10-2009, 08:31:39 AM
Galan Hackman Galan Hackman is offline
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Default Re: Did I overpay?

Bob, I have to agree with the others, if your like it your didn't over pay. There are engines I can think of that I wish I wouldn't have stoped biding on. Have fun with it. Galan
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  #19  
Old 10-10-2009, 09:49:48 AM
turnwaldw turnwaldw is offline
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Default Re: Did I overpay?

I just just bought a 1923 Economy looked very nice and it does run pretty well even though the tank still need s some cleaning out a little more. After checking it over when i got home found several problems which can be fixed and parts replaced.
Ya I was upset but between my dad and the wife I think I might just keep it its my first hit miss engine I,m workin on a 1918 IHC M also. The wife dont say much when I spend so much on a engine as long as I dont say much when she wants a new embrodiary Machine from time to time $2500.00
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  #20  
Old 10-10-2009, 12:07:01 PM
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Default Re: Did I overpay?

Got a WW2 Genny engine which is a Briggs Z, for $75. (early all cast with crank start) sunk over 900 in it to restore it. It was THAT neglected plus it was a basket case. BUT COMPLEATE!

Sometimes i think, damn, i wish i didnt do that. Then the other side says, ya well what if you didnt, the money would be in something else in the form of guess what...MORE PARTS!
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