The whine you hear in the rear end is probably the normal whine- My 806 has a fairly loud rear end, a friend's 1206 is fairly loud, too. The transmissions are all straight cut gears- loud but sturdy.
The black smoke when accelerating in high gear and startup is a good thing- I'd be more concerned if it didn't throw up a little black smoke.
Sounds like you have found a fairly good tractor. The $6900 price tag sounds as if the owner is pretty proud of his tractor. For that price, It had better have excellent tires and a pretty nice looking paint job, in my opinion.
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Today's Featured Article - The Rescue of a Fordson F - by Anthony West. Introduction I live in the UK and have for many years restored Fordson tractors (in the main model N's). I have also restored and shown model F's, E 27N's, Field Marshall Series 2, David Brown Cropmasters and the old rey Fergeson T 20. At one time I had seven restored examples which were shown and used in ploughing matches. As most restorers, I have a number of war stories I can relate on a range of topics that may help other like minded and interested people. Perhaps my first p
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