Hmm, not a good sign if you ask me. He's a businessman, an antique dealer to boot. Those guys think anything old is worth its weight in gold when they're selling. If they're buying, your junk is worthless and they're doing you a favor to take it off your hands.
He's not going to let it go for less than he paid for it. He's also played the, "I really don't want to sell it, but if you make me the right offer," card. You can try but IMHO $500 will be laughed at.
It's not a junk non-running tractor, it's an ANTIQUE. He's an "ex-spurt" after all. Odds are in his cluelessness, he paid way too much for it, thinking he got a smoking deal.
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