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Tractor Talk Discussion Forum

Major 4020 ???

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Raleigh Boulwar

12-29-2006 20:10:14




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Today I went to see a 4020 tractor for sale. It was a 1965 Gas powered 4020 with one remote and Diff locking. It came with a JD 158 loader on it. He wanted $7400.00 FIRM for this tractor.
He also told me I could buy the loader for $3500.00.

Now the tractor is Looks GREAT, really nice paint job! No sheet metal missing, no dents. Clutch is good, brakes are good, Transmision shifts out good and all.
The engine, however seems to have an Oil leak between the head and the block. I think it has a blown head gasket. There was no signs of oil and water mixing in the oil when I checked the dip stickt. But oil seem to seep out on the right hand side oppiste the starter.
We also ran the tractor on the dyno and it only made 70 HP instead of 88 hp as rated. The engine only had 3500 hours on it, there was no smoke nor was there any blow by.

The 158 loader on this tractor was in good condition no cracks, no welds, most of the pins and bushing were tight. I think the loader was fine.

For $7400.00 for this tractor is this a good deal being that it is a gas and not a diesel? is this the going rate for something like this?
Which would YOU choose the whole tractor for $7400.00 or just the loader for $3500.00

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TomTX

12-30-2006 10:14:42




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 20:10:14  
As in the "Cool Hand Luke" movie, I think what we have is a failure to communicate. Something is wrong with the pricing with and without loader. I would ask exactly how much he wants for the tractor with the loader on it, and how much for the tractor ONLY without the loader on it. In this area in North central Texas, you cannot buy a goo 4020, in the condition you describe for $3900. Tom



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Raleigh Boulware

12-30-2006 17:38:56




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 Re: Major 4020 ??? in reply to TomTX, 12-30-2006 10:14:42  
Well what I am say is.. He as already sold me the LOADER for 3500.00 and he will let me have the tractor for 3900.00. Or I can buy the two together for 7400.00



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kyhayman

12-30-2006 06:05:38




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 20:10:14  
Sounds like a steal to me. 4020D with no loader will bring 10,000 here all day long and 7500 for a 4020G with no loader. There are 2-3 jockeys here making a living buying them at auctions in Indiana and Illinois then hauling them back.



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Raleigh Boulware

12-30-2006 07:08:59




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 Re: Major 4020 ??? in reply to kyhayman, 12-30-2006 06:05:38  
Well you want to make a deal or do some horse tradin??



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Mike M

12-30-2006 04:46:48




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 20:10:14  
I would say that the oil leak is a common problem on those gas and diesel,if not too bad don't worry about it. Also check that the valve cover isn't leaking and running down and look like the head leak or adding to it. A good tune up, including valve adjustment,and proper timing and carb. settings could easily account for the lost HP. Even if it is low how much power do you require ? if you run that engine up aginst that 70 hp figure very often you are going to suck up lots of gas ! Just light loader work and so forth doesn't require it to need much hp so alot depends on what you need it for. I would not reccommend a gas if you plan on heavy work outs,but the colder it gets the better ours starts.Great for loader and blade work. I think that price sounds reasonable as I'd not let ours go that cheap. $3,500 for a loader is not out of line if it's not worn out by what I've seen them go on ebay for that.

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Raleigh Boulware

12-30-2006 18:43:24




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 Re: Major 4020 ??? in reply to Mike M, 12-30-2006 04:46:48  
Yeah your right...I think I will buy it, even though I REALLY want a diesel...



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Raleigh Boulware

12-30-2006 05:25:26




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 Re: Major 4020 ??? in reply to Mike M, 12-30-2006 04:46:48  
Well I already bough the loader, I have until Tuesday morning to decide if I want the WHOLE tractor or not. The Tractor REALLY looks slick!! No there is no oil from the valve covers, its all from between the head and the block. We could not tell any water in the oil from the dip stick. Maybe its OK, maybe its not to worry.

I did pay 3500.00 for this loader maybe I paid a little on the high side for this...maybe buying the tractor would compensate...

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mjbrown

12-30-2006 13:21:02




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-30-2006 05:25:26  
Yep, you went a little high on the loader. $ 3500 got me a decent 260 SL a couple years ago. You might as well get the tractor with it for another $4000. It'll make a nice combination.



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low budget

12-30-2006 02:54:36




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 20:10:14  
He probably wants $3500 for the loader because the tractor isn't very saleable with out it. The loader is really worth about $2500. An early model diesel 4020 is worth around $7500 (middle of the road price) by itself, no loader. I would say $7400 for the whole package is a reasonable deal. Gives ya some money for gas anyway against the diesel. Wouldn't want a gas myself for field work but may be good for a loader tractor, the diesels aren't the easiest starting tractors in cold weather. Any used tractor is gonna need work done on it sooner or later.

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Raleigh Boulware

12-30-2006 18:38:10




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 Re: Major 4020 ??? in reply to low budget, 12-30-2006 02:54:36  
Thanks for all this help, I will try to do it.
Hey what about the oil comeing from between the head and the block?



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Raleigh Boulware

12-30-2006 05:28:19




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 Re: Major 4020 ??? in reply to low budget, 12-30-2006 02:54:36  
Well the tractor has two uses. First I have 4 acres and a house to clean up and bush hog.
Then I have about 50 acres that I will be bush hoging and cleaning up as well. Might do alot of disk harroing as well on the 50 acres...so I will really be using it for two things.



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Gerald J.

12-30-2006 08:29:31




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 Re: Major 4020 ??? Four things to do. in reply to Raleigh Boulware, 12-30-2006 05:28:19  
Tune it up with AC or Autolite plugs, copper wires and the proper gaps and timing.

Replace the float needle and seat. Since it otherwise seems to run good but just low on power I presume it has a Zenith carburetor. The 4020 MS is a bear to tune and even Deere says put on a Zenith.

Pull the rocker cover and torque the head bolts. Set the valves while you are there.

Put some wide tires on the front, say 11L16 four rib on 8" wide rims to hold the front end up with the loads that 158 can pick up. The tall and wide rims will protect the spindles from the dinky factory tires catching in ruts, furrows, and pot holes. I have 11.00-16 on mine, even taller than the 11L.

It will do your jobs for a very long time and you will find it rides very comfortably.

Gerald J.

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Raleigh Boulware

12-30-2006 18:40:54




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 Re: Major 4020 ??? Four things to do. in reply to Gerald J., 12-30-2006 08:29:31  
Thanks for all this help, I will try to do it. Hey what about the oil comeing from between the head and the block?

I will mention that the motor DOSE NOT smoke and it has no blow by, even when it was pulling on the dyno!!



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Gerald J.

12-30-2006 18:50:47




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 Re: Major 4020 ??? Four things to do. in reply to Raleigh Boulware, 12-30-2006 18:40:54  
I thought I said torque the head bolts, somewhere here on this forum. Put up with the slight oil leak until it gets bad, then splurge on a new head gasket and a valve job.

Gerald J.



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Gerald j.

12-29-2006 20:57:09




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 20:10:14  
$7400 - 2500 is $4900. A workable price for a gas tractor alone. The 158 is a sturdy and good loader, and often sells for more than $2500.

I paid $5250 for a 1968 gas 4020 about 8 years ago. I had to replace plugs and plug wires, and cure its running rich as well as set the timing. If its not been tuned lately too little point gap from rubbing block wear will have retarded the timing and can easily cost 18 hp on the dynomometer. Carbon wires and old plugs can do a lot to reduce the power too.

Oil out the side of the head gasket isn't so good. I know mine has been apart, every engine bolt has marks from sockets or box end wrenches.

You'd pay several thousand more for a similar vintage diesel and if the Roosa pump hasn't been rebuilt you will soon and that will cost a whole lot more than a few sets of plugs and copper wires. I figured for the price of farm gas when I bought my 4020 gas that if a diesel cost $4000 more, I could pay for gas for 14 years. Since then I have weaned it and the price of gas has gone way up, but I still have years of gas paid for by the savings in purchase price.

Doing a head gasket and valve job shouldn't be too expensive. The hood lifts off after you take off the cowl and some bolts and then top of the engine access is very good though not too handy standing on the ground. Some blocks and planks would be handy.

Gerald J.

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Raleigh Boulware

12-30-2006 18:32:41




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 Re: Major 4020 ??? in reply to Gerald j., 12-29-2006 20:57:09  
I think I am going to take the Plung and go for it....



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Raleigh Boulware

12-29-2006 21:07:22




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 Re: Major 4020 ??? in reply to Gerald j., 12-29-2006 20:57:09  
well the loader is 3500 not 2500. But is 3500 good for the loader?
I guess that puts the tractor at 3900.00...MAN thats a CLEAN looking 4020 for $3900.00!!!



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Gerald J.

12-30-2006 08:35:33




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 21:07:22  
I wouldn't pay $3500 for the loader, but that's not way out of line in Iowa. The prices for 4020 and accessories like loaders are rising as the prices for the new equivalents are rising. I'm running a MF-236 loader on my 4020 and its just strong enough to survive. It was way too much loader for the MF-135 it came on.

I've never seen a 148 loader for less than $2500. Its the "compact" version of the 158.

The tractor price without loader or the combination price is good or better than good.

Gerald J.

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Raleigh Boulware

12-30-2006 18:34:24




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 Re: Major 4020 ??? in reply to Gerald J., 12-30-2006 08:35:33  
I think I am going to take the Plung and go for it....



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msb

12-29-2006 20:37:27




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 20:10:14  
That model is dyno checked at 680 PTO RPM (2400 engine RPM)pulled to 620(2200 engine RPM).If you checked it at 540 then it will check low, but it should be higher than 70 hp.Those engines are notorious for slobbering on the right side, but the horsepower reading tells me that you are probably correct about it needing a headgasket.Probably needs a valve grind too.I would not give more than $5500 for it.

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Raleigh Boulware

12-29-2006 20:53:30




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 Re: Major 4020 ??? in reply to msb, 12-29-2006 20:37:27  
Now is that for the Tractor by it self or the Tractor-Loader combination?

He will let me have the tractor for 3900 bucks..



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raleigh

12-29-2006 20:54:34




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 Re: Major 4020 ??? in reply to Raleigh Boulware, 12-29-2006 20:53:30  
Also I may add that the rpms were at 540 RPM PTO..



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msb

12-30-2006 07:09:25




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 Re: Major 4020 ??? in reply to raleigh, 12-29-2006 20:54:34  
Buy it at that price.



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csjhc

12-31-2006 16:13:40




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 Re: Major 4020 ??? in reply to msb, 12-30-2006 07:09:25  
just buy all of it, man! i sold my diesel 71 4020 for 15,000 with a 158 loader, i PAID $3500 for the loader!!! take it!



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Raleigh Boulware

12-31-2006 17:04:24




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 Re: Major 4020 ??? in reply to csjhc, 12-31-2006 16:13:40  
WOW!!!
So you paid 3500.00 for the loader? just like I did? What kind of condition was the tractor in?



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