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I am not looking at making a living at this by no means, I just want to have fun restoring, and selling, I just don’t want to lose my shirt ….trying to figure a semi smart way of doing this in my near future retirement. Any advice at all would be immensely appreciated.
It’s a labor of love. If you enjoy working on them, go ahead and enjoy a new hobby. But don’t expect to get your money out of refurbishing old motors. You’ll never get your money back on the time you spend. I can make more money repairing motors for others than in refurbishing and selling them. If they’re real basket cases, you can usually make money parting them out if you buy them right.