Went and drove the 7040 today. Everything appears to work like it is supposed to. Looks - fair but solid and typical of its age and use. Engine sounds good even with 6300+ hours on it. Looks like it needs a valve cover gasket replaced; right now it is just a small leak. Some of the instruments don't work, but engine oil pressure idiot light seems to work; the other idiot lights may need some service. Power director tranny has all gears with no noticable gear growl or the like and the clutch automatically shifs the director into low like its supposed to. Clutch feels strong and smooth, not jerky or snappy. Hydraulics and pto seemed to work okay too. But now two questions? 1) After about an hour of run time, and after the unit was shut down for a while, I pulled out the dip stick under the driver's seat to check the tranny(?)oil level. What I found was clean oil, but it was way up on the dipstick! Is this a sign of a leak from another system, or maybe just an case of overfill? 2) Just before I shut it down and while it was sitting still, it was idleing and I heard what I thought was a clutch throw out bearing rattle, but depressing the clutch did not suppress or increase the noise. Stepped outside and noise was far less noticable and apparently not from the engine. Sounded like it was coming from the area between the engine and the front end of the tranny section. Tried several combinations of gear selections and positions, but the noise persisted. Any suggestions as to what I might be hearing? Sorry for the long post, but I am interested in this tractor but I really don't want to buy a transmission rebuild right now. So, I am hoping for some AC mechanic(s) or anybodys help in trying to get a handle on what this problem is, if in fact it is a problem. Will certainly appreciate any reponses to my questions and dilema! Tom
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