Even if you do have to send it to the scrap yard,dont feel too bad about it,since it wont be alone.There will be plenty of others to keep it company,there may even be a special section for clapped out Myfords,although scrap men are not very understanding people,they see scrap as scrap,full stop !
Many moons ago,I was looking for a wood planing machine,second hand,and if you saw some of the junk being offered for sale,you,de get sick. Most of what I saw was little better than badly damaged scrap,at silly money.
I walked away and bought a brand new machine for little more than that being asked for the junk. That was in 1994 and that machine is still in perfect order. So I say,dont bother with something that,s clapped out,get something that works and just get on with using it.
Life is too short !