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89-322 2019-1025r
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I wouldn't go over $300 and try to get it for $250. You will most likely find problems that you cant see.
I have refurbished 4 tractors similar to that one, in that shape and before you know it you'll have another $1000 into it depending on the condition of the transaxle and engine. Just the things you mention will cost around $500 unless you have a 212-bone yard nearby. BTW, The variator speed control, if bad, is pretty expensive to buy a good used one .
 

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Yeah that seems to be how any machine goes, there are always the hidden problems. I am waiting for a reply from the guy but I think we settled on $250

I think that would be a good price for the unknown. Just be prepared and patient buying parts and you could end up with a nice ol 212. I really like gear drives like that, good luck and take pictures as you restore it.
 

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89-322 2019-1025r
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You can buy a genuine Kohler carb kit pretty cheap. I also bought a new "offshore" carb because my bowl had a pinhole in it. The whole carb was cheaper than a real Kohler bowl.
I found that to be true on my log splitter too. I needed a new BOWL GASKET because the old one broke when I took the bowl off to clean it. The gasket cost almost as much as a brand new carburetor so I bought the carburetor for like $14.
 
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