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Tractor Talk Discussion Forum

1950's John Deere 420U value

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Ken

10-02-2003 23:34:02




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I am looking at trying to buy (I believe a 1957) John Deere 420U for a winter project. The hood is missing and engine is stuck. It will need 4 new tires, seat, new wiring and grill screen and work done to the 3 point. It does have a loader on this unit and was functional before engine siezed. It basically needs a complete restoration. The genleman who owns it wants almost $2000 for it because thats what someone told him thats what it was worth. I want to make him an offer of $800 since the figures I have came up with will be $3000 or more to restore. If was going to spend that much for the tractor and restoration I might as well buy one already done but I wouldnt have the satisfaction of doing the work myself. I would like someone else's input if I am in the right or wrong to make a $800 dollar offer. I am located in Illinois.

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Andy

10-03-2003 04:18:54




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 Re: 1950's John Deere 420U value in reply to Ken, 10-02-2003 23:34:02  
The stuck engine alone makes me think $800 is more than generous. And with all the other problems you describe, $800 would be the absolute most I would give. If he doesn't like it, walk away and I bet its still sitting there a year from now. There are better candidates for less money around...



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CPeter

10-03-2003 09:08:22




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 Re: Re: 1950's John Deere 420U value in reply to Andy, 10-03-2003 04:18:54  
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I agree!! I have a 56 420U and have had Dubuque tractors for 30 years and with what you diescribe, short of as a parts machine, let it be. Way too many unknowns with a "stuck" engine, like funny noises in the tranny and who knows what else. I bought a Ford V8 once made into a Doodle bug tractor. The engine was stuck, but the owner promised me that it ran last fall. Maybe the fall 10 or 15 years ago. I was able to salvage the gear shift knob and that was about it. There are much better machines out there for the same money that he is asking.

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