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I have one, 1957, TO-35 gas with Z134 engine, 12 volt system. Little fellow has been in our family for almost 50 years. Great little tractor, but like all machines made my man, it can break down sometimes. drive tractor until its warm. Check all fluid levels, be sure lift arms are in the up position when you check transmission/lift hydraulic oil level. After transmission is warm check under tractor, should be a upside down carter key in a hole, this is a weep hole for transmission oil or motor oil from rear seal in engine. Sould not be any oil dripping out of hole. If so, determine if its hyd or motor oil, could be an expensive fix. Be sure lift system works good, also an expensive fix. Little tractors are good, well built machines but they can be expensive to fix. They were one of the first to have a two way clutch. Hook it to a plow or something that puts a heavy load on tractor, be sure clutch is not slipping. Also, hook PTO to bush hog etc and be sure it's not slipping. If all is ok, tractor is well worth the money. My neighbor just bought one for that price and he likes it.
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