Advise on Mcintosh mc40

Thanks for all the advise! one other question is what tubes can i use as a subsitute for the 6l6?

It will also depend on who does the modifications/upgrades. If you use one of the well regarded McIntosh restoration companies(Terry DeWick as an example) , it could actually enhance the value down the road.

The AudioGon Blue Book list the average price at $620.00 each, check the closed items on eBay and maybe do a national Craigslist search. I would have the amps checked out and re-capped by a good tech, like Pat at Classic Tube Audio - http://classictubeaudio.com/

Thw standard repair advice would be to ensure it meets spec . Then to replace the all of the old electrolytic and the other caps as needed.
The value of an amp is only estimible for a moment in time, and for an amp of a certain condition. The best way I think to do this, is to watch ebay auctions through to the final selling price....not what is asked.... but what it selles for. If you follow several auctions you will get an idea of what people are willing to pay for that amp in a variety of conditions. What somebody will pay is what it is worth.