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580 B scrap, rebuild, or T/O?
Greenhorn needs advice! I bought a Case 580BC (serial 8756012) extendahoe with about 5400 hours on it about 14 years ago to use in the process of converting an old 20 acre dairy farm into a residential place to raise my kids. Had a blast doing the pushout, septic, driveway, power and waterline trenching, landscaping, pond building, tree removal, and demo/cleanup/burial of 100 years of old treasure and played out buildings.
Bought it for $8000 and have put about $8000 in it (rear end, transmission, brakes, hydraulics), and have been keeping it around as a general farm hoe. Then I loaned it to my neighbor, who's hired hand hammered it hard, right up to the day they let me know "won't go". I figured I'd baby it along for anything I'd need for the next 10 years, but now it's got bad blow-by, and very little power. The local mechanic prescribed an engine overhaul, at $5000 to $6000. I see an overhaul "kit" on line for $1700 (pistons, rings, bearings, gaskets, etc). His labor is around $65/hour, so he must be figuring 40-50 hours.
I've got a place to work on it, and good mechanical aptitude, but I've never been inside a diesel. I can't see spending $5-6000 in this economy (my earnings are around 25% of what they were). The engine now has 5738 hours on it. Enough background, my questions:
1) too big or complicated for an amature to handle the overhaul?
2) can I do a Top Overhaul like airplanes get when a cylindar or two drops compression well between overhaul intervals? (rings, replace any bad pistons, maybe have some machining work done), and get back in the mode of having a good machine I can get another few hundred hours out of?
3) value of the thing, a) as is, b) top overhauled, c) complete engine overhaul?
Thanks a ton!
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