This will be one of those days where you hope you didn't jew every last cent out of the deal when you bought the tractor... We were in the same situation with a Ford when it was about 2 months out of warranty. In that case she only spun a main, but it didn't hurt the crank or anything else. They did the work (dealer). We basically bought the parts. I think at the time it was somewhere around a grand to fix it... We also had a situation with a Cat not long after that. Transmission broke a planetary. That was a 10K job of which Cat (dealer) covered 50%... or basically we bought the parts and they ate the labor. That machine was 8 years old at the time and WELL outside it's warranty, but they knew very well that there was no excuse for the failure. As a matter of principle, and good customer service, they looked after it in a situation, where, by rights, they had no responsibility for it whatsoever.
So.... I'd approach your dealer in a similar manner. I think if you urge them to repair it in house you stand a better chance of getting more consideration on it, especially if things aren't too brisk in the shop at the moment (mabey not this time of year)... but it's probably easier for them to eat a bunch of paper on the shop time then it is to put out cash for a new or reman engine. In the end it will depend on how repairable the engine is and what actually went wrong with it. Might also be that the turd just can't be polished, and a new engine is the best solution too...
Personally I've never been a fan of the Fiat based tractors that they're selling today, though there's no reason for an Iveco engine to have failed like that, even if you lugged the hole of it for every one of those hours. There wa a defect of some type there. Hopefully they can figure out what it was....
The only thing you can depend on right now with that tractor is that the mafia is not going to spring for the repairs. That I can assure you.
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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