1950 JOHN DEERE M TRACTOR
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Description
Summary
Extensive cosmetic and minor mechanical restoration. All-new tires, gauges and rebuilt electrical components. Factory options include lights, shade umbrella and rear-mounted tool bar cultivator. 4-speed manual transmission. Sold on Bill of Sale only.
Details
Introduced in 1947, the John Deere Model M was the first John Deere with a vertical valve-in-head engine. Considered a one-row tractor, the M used only regular gasoline. It was the first Deere with position-responsive hydraulic control of integral implements and a Quick-Tatch arrangement for rear-mounted tools. The John Deere Model M was also the first Deere with an adjustable steering wheel. And, for the first time with Deere tractors, the side-mounted belt pulley was omitted. A rear-mounted
belt pulley was an option. The rugged 2-cylinder distributor ignition engine produced 20.45 observed belt horsepower on the Nebraska test. Rather surprising, considering the tractors slim, trim, relatively small size. Its styling, common to John Deere tractors of that period, was sometimes referred to as 'clean-cut styling.' The engine and powertrain of the M were incorporated into three variations in 1949. One was the MT, a tri-cycle 2-row version, the MI, a highway mowing tractor and the MC, the first Deere-designed crawler and the beginning of Deere's industrial yellow line of today. The Model M was a breath of fresh air for farmers back in the days of its release, and it remains one of the most famous John Deere tractor models to date. This one has had an extensive cosmetic and minor mechanical restoration. It features all-new tires, gauges and rebuilt electrical components. Factory options include lights, shade umbrella and rear-mounted tool bar cultivator. 4-speed manual transmission. **SOLD ON BILL OF SALE ONLY**
Financing
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Monthly payment of $549.20 based on a purchase price of $50,000.00 with 15% down and 9.47% APR financing for 120 months. Monthly payment of $926.28 based on a purchase price of $100,000.00 with 20% down and 9.35% APR financing for 144 months. Monthly payment of $1,650.77 based on a purchase price of $200,000.00 with 20% down and 9.29% APR financing for 180 months. Rate with optional AutoPay (ACH Debit) discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay discount are 0.25% higher. Best rates are available for credit scores of 700 and above. TT&L may also be financed. Not all applicants will qualify. Rates and terms are subject to change without notice.