What's it worth, JD4020

T.E.C.

Member
1966 4020 diesel with a JD wide front. 1 remote, no weights and 15.5 rear tires. Sheet metal is banged up pretty bad but is painted. Here"s the problems; no 4th or 7th gear or park. C-gear on the bottom shaft has side teeth ground off. Hydraulic pump leaks and hydraulics "chatter" like a discharge or inlet valve is bad. Radiator leaks and weep holes on block are wet. Starts hard and smokes white when cold. Batteries have been moved to side of frame. Batteries and cables are shot and is still 24 volt. Tires are 80%, fenders are rusted bad and none of the gauges or dash lights work and the throttle knob is broke off. I"m just looking for someone to tell me what someone should pay for this tractor. Thank you.
 
Sorry not to higjack but what models of vintage to Cooks specialize in? I just pass by there last week and never heard of them before. Large operation but I was wondering if they mess with 2 cylinder salvage at all or is it the new generation tractors and up?
 
This part of the country ( Tenn) Just a little over the two grand figure... IF you are right on the tires being real good. Idabell OK salvage sale might get it on to 2800 or so but that will be about it.
 
To be honest it sounds more of a boat anchor than a tractor. It has way to many issues for a wrecker as really most of the parts people want are already wrecked/ worn out .

If the hyd pump sounds like a box of frogs it's probably junk or needing a re build. From the list the only plus i see is good tires.
I would say to price it scrap weight plus say 400 for the good tires. as A guy needs to make a profit somewhere on it.

I think that's how the yard I worked in Here in Manitoba Canada priced stuff to buy in.
Regards Robert
 
Let me just put it this way,I bought a running 3010 Diesel one time,just looked a little rough was all. I pumped another $7500 in to that dog before I dumped it. I'd have been WAY ahead if I'd have just hauled it straight to the bone yard and sold it for $1000 without ever unloading it at home.
 
So if a guy has sold this machine to a trusted friend sight unseen as a good usable machine once the transmission is fixed he should not be able to sleep at night? I should mention that I already repaired the transmission at no labor cost(it's for my father). While in there I replaced every single bearing and the transmission pump. That transmission was supposed to be the only problem. This is quite possibly the biggest pile of junk that I have ever worked on without sending it out the door in boxes. I won't mention what was paid for the tractor but it was more than double what any of you has said so far.
 
I would be thinking 2 things here.
First do not stand anywhere near this guy in a puddle because if lightning strikes him you would get electricuted too

second with friends like him a guy would not need enemy's. This pile Kinda sounds like some of the "premium" L.O.L units that get sold for good dollar round here.

I got a customer I fix for paid way over for a 4010 near here $7500 with loader that came from a case, no 3 point or cab and looks rough to say the least first 4 jobs it did it needed fixin . it's not quite as bad as this one 17000 hours i recon, but it still drives in all gears if you can find them with worn shifters lol
Regards Robert
 
Hi
Im kinda thinkin there is more like 7 grand plus in it now and with the list it still needs it would be close to $12000.

Parts and machine shop are not cheap any more, and you still got to do the work for free or about $4 an hour if you work on it and do it right. Or pay a guy if you can't do it all your self at probably more than $40 an hour .

All i can see is it's a good way to start of with $15000 and end up with $10000. This is why I quit doing old tractors for resale.
Unless you find the right guy these are not selling for big bucks round here. guys are moving to the newer series tractors now for work and also most guys that want one have them. Also in the financial climate guys are cutting back on toys as well.
Regards Robert
 
(quoted from post at 14:38:50 12/20/12) 1966 4020 diesel with a JD wide front. 1 remote, no weights and 15.5 rear tires. Sheet metal is banged up pretty bad but is painted. Here"s the problems; no 4th or 7th gear or park. C-gear on the bottom shaft has side teeth ground off. Hydraulic pump leaks and hydraulics "chatter" like a discharge or inlet valve is bad. Radiator leaks and weep holes on block are wet. Starts hard and smokes white when cold. Batteries have been moved to side of frame. Batteries and cables are shot and is still 24 volt. Tires are 80%, fenders are rusted bad and none of the gauges or dash lights work and the throttle knob is broke off. I"m just looking for someone to tell me what someone should pay for this tractor. Thank you.

I have a nice 4010LP with near new tires and straight tin. I was asking $4000 for it, but I would deal.
13036.jpg
 
"As you describe".....I wouldn't pay more than $500.00 for it and would hope to get that back by parting it out. Is there ANYTHING on it that isn't broke or about to be?
 
Don"t get me wrong, I appreciate a good 4020 and love to work on them. It just upsets me to see that some one made that kind of money on what should have been a salvage tractor. In this case we won"t have too much in it since we are only buying parts and I"m eating the labor, But I also have a shop to run and need to keep working on paying jobs or my doors close. It should have been in here for a week and with all the other problems on this junker, it"s been in here for three weeks. The last thing I have to do to it is extract a broken rocker arm cover bolt. It should now make a reliable manure spreader tractor.
 

I believe I would call your local scrap yard and see what scrap is paying a ton, then subtract what it will cost you to drag it in. That would be the high.
 
Sounds like one of those deals that you're just plain stuck.I've never seen what all the excitment
was about a 4020 anyway,they're an OK tractor nothing special and like most Deeres fuel hogs.
 
I inherited a 4020 from grandpa and I love that tractor I can remember riding on the fender since I was old enough to hold on like I say I got the tractor in about the same shape as what you say that one is took a half a can of ether to start and couldn"t pull yer puncture wound out of a lard can I took it to college and completely went through everything I have about 16000 dollars in it but it was ten below here the other day and it started no ether and not plugged in and everything works on it I pull a five bottom ih 550 plow, and John Deere 16 foot chisel with a 16 foot hoe drill hooked together it averages under 3 gph over plowing harrowing and planting
 
(quoted from post at 20:02:32 12/21/12) everything works on it I pull a five bottom ih 550 plow, and John Deere 16 foot chisel with a 16 foot hoe drill hooked together it averages under 3 gph over plowing harrowing and planting

You must have done one heck of a job overhauling the engine for it to use "less than 1/2 the fuel" that Nebraska test showed a 4020 would use.
Test Date: September 23 - October 2, 1963
Type: Diesel Syncro-Range 2WD
PTO power (rated engine speed): 91.17 hp [68.0 kW]
PTO fuel use (engine speed): 6.4 gal/hour [24.2 l/hour]
PTO power (rated PTO speed): 83.57 hp [62.3 kW]
PTO fuel use (PTO speed): 5.6 gal/hour [21.2 l/hour]
Drawbar power (max): 76.36 hp [56.9 kW]

Drawbar fuel use (max): 6.4 gal/hour [24.2 l/hour]
 
Sounds like a salvage tractor to me and around $2500/3000 would be plenty.I would not buy it as I could estimate over $7000 in repairs.Good older non counsel which run good with no problems can be bought for less than $10000.4020 deere boy having one that starts at 10 below and only uses 3GPH has a rare one indeed.We have some good ones but they like to be plugged in under 10 deg above and use around 6GPH.
 
Widefront$750 plus ,15.5 Tires 80% depending on brand $500-,fenderd stands $50 each ,draw bar $20 ,sounds like rest of tractor scrap at $150/$200 per ton depending on location,Probably weighs around 9000#$750/$900.My first estimate was too high after I read that everything had problems.A friend of mine bought a 55 chevy convertible out of a ravine for $250. $75,000 later he has a mint rare car that will bring over $50,000 not counting his labor.
 
I know my 4430 wouldn't even pull a 16'chisel with a hoe drill behind around here! Maybe down the road..
 
(quoted from post at 03:39:22 12/23/12) Gallon per acre not hour

OK that explains it as there's a BIG difference between "gallons per Acre" and GPH. But the John Deere 16 foot chisel with a 16 foot hoe drill hooked together is still a big load for a 4020.
 
Back to the original topic. If a trusted friend sold that to your dad he (your dad) needs to look up the definition of trusted friend. That just plain isn't right.

Rick
 
It is at least finished now (all but the engine) and I am very happy to see it go. My father is a gentle person and this situation is likely to be chocked up to "just one of those things". It's something I will not forget though. With the damp weep holes and having to use ether to start it in my 60 degree shop, I'm sure I haven't seen the last of this disaster.
 

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