Geo and Sotxbill have given you some useable info. To assess the lift have the owner mount an implement on the lift see if it hods it steady for fifteen minutes. If you want to assess the engine you can purchase a compression tester for not much money and tell a lot about how strong the motor is. replacing tires is a big expense, the tread on the ones on the tractor look good but the pattern looks old so they could be badly cracked. As it looks, in appearance if nothing is wrong it could bring around $2,000. As you find major things discussed here wrong you need to incrementally reduce your offer.
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Today's Featured Article - Major Problems - by Anthony West. Following the aquisition of the two Fordsons to my collection I found that I was struggling to move them about. I had considered the possibility of driving the "F" to and from shows but anything other than local rallies was totaly impractical due to its sedate pace. I had also considered buying a landrover and trailer, but the price of a
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