With only 7.5 acres, I don't think you would put much more than 25 hours per year on a 4020 unless you are moving a lot of snow, or grinding feed and hauling manure for livestock. Fuel costs will not matter much whether you run a gas or diesel. Transmission problems could cost $5,000 to repair, and will drop your resale value to below $3,000 as-is. I suspect the seller has found that out too. I think $2,000 to $3,000 is all I would offer on the 4020D with a bad transmission.
$3,500 to $4,500 should buy a 4020 gas in average to very good condition. Case 930 Comfort King diesel and Farmall 706 gas also sell in the $3,000 to $4,000 range. None of of those tractors are well loved, but any would work well for you at a very decent price.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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