1953 PORSCHE ALLGAIER TRACTOR
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Description
Summary
Completely restored in 2020 and powered by an 822cc single-cylinder diesel engine paired with a 6-speed manual transmission. Sold on Bill of Sale.
Details
In 1948 Ferdinand Porsche produced a prototype AP-17 diesel tractor. It went into production in 1950. The first tractors were built in the Allgaier factory in Germany because Porsche didn't have a facility to build tractors. Allgaier built tractors until 1954. The first tractors were painted green, though in 1953 most were painted in Porsche Red, as this example is. Porsche quit building tractors in 1963, although some were assembled in 1964. This 1953 Porsche Allgaier diesel tractor is powered by an 11hp 822cm single-cylinder engine and a manual transmission with six forward speeds and two reverse speeds. It has hydraulics and 3-point lift arms, new tires and tubes and new lights. The engine is rebuilt and many external seals on the drive train have been replaced. It has new wiring and controls, and new paint with new clear coat. **SOLD ON BILL OF SALE**
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.