Towers: Just about four years ago we replaced what was then a 20 year old 200 foot Rohn 45G tower with a new solid steel tower (Rohn used hollow steel tubing). We needed to increase tower height 20 feet to add a pair of 6 foot STL dishes--and the Rohn would not have handled the extra windload.
After carefully erecting the new tower about 2 feet from the old, the tower crew dismantled the old tower and hauled it off. Believe they made two 100 ft. towers out of the old tower for two-way use.
Our 1988 vintage 4 bay ERI FM antenna was taken apart and "o" rings replaced at that time We purchased a kit of spares for the antenna, but despite all that time being beaten upon by mother nature it was remarkably clean inside. (We run 8.6 kw. TPO for 17 kw ERP).
Transmitters. Our main transmitter is a 1988 Harris 10K, it just chugs along, & we've only used three finals since it was installed. Original MX-15 exciter has been moved to backup in favor of a new Armstrong.
Our other station, a class A, uses a 1974 Harris 2.5H. We've bypassed the IPA and drive the final directly with a BE FX-50 exciter(running at 25 watts). The present 1500B final has been in there since 2003. We bought this transmitter for $3500 several years ago, hard to justify replacing it, with electric at 6 cents kw/hr., since it is so simple.
On the other hand, most old AM transmitters use tubes you can't get, and high level modulation schemes that often tend towards high distortion. With new Nautel kilowatt transmitters in the 13K range it is foolish to hold onto the old heavy iron that eats 833A tubes at about $1k per set.
We also have a lot of used equipment in the studios, but you have to know what to buy and who you are buying from. Got burned on a Marti 30 watt RPU transmitter that apparently had been doused with some kind of corrosive fire extinguisher. Worked fine---for a while.