There are two different JD 2040 model of tractors. Either in that condition are worth far more and are far more capable than the Ford N series that sells in the $2000 range.
Put fresh coolant in the engine. A direct ground wire from the battery (-) to a starter mounting bolt. The sheet metal connection in those have problems after a few years. Install a destroker in the front pump if it's a later closed center tractor. Install and use a block heater instead hitting it with ether. New filter and oil in the transmission.
John Deere 2040
1976 - 1982 2040 Series
Utility tractor
Previous model: John Deere 830
Larger: John Deere 2240
The John Deere 2040 was upgraded for the 1980 model year offering a larger engine, independent PTO, and four-wheel drive. Closed-center hydraulics became available in on the 2040 in 1978 at serial number 266750.
Manufacturer: John Deere
Factory: Mannheim, Baden-W�rttemberg, Germany
Original price (USD): $14,000 (1982)
John Deere 2040 Engines:
John Deere 2.7L 3-cyl diesel
John Deere 2.9L 3-cyl diesel
Capacity:
Fuel: 16.5 gal [62.5 L]
Hydraulic system: 7.9 gal [29.9 L]
3-Point Hitch:
Rear Type: 2/1
Rear lift (at 24"/610mm): 2,400 lbs [1088 kg]
Power Take-off (PTO):
Rear PTO: live (two-stage clutch)
independent (optional)
Clutch: dry 9-inch disc (live)
Rear RPM: 540
2WD Wheelbase: 74.4 inches [188 cm]
4WD Wheelbase: 81 inches [205 cm]
Weight: 4060 to 5775 pounds
Front tire: 6.00-16
Rear tire: 13.6-28
2040 Serial Numbers:
Location: On right side of frame
1976: 179963
1977: 221555
1978: 266057
1979: 304165
1980: 350000
1981: 392026
1982: 419145
John Deere 2040 Power:
PTO (claimed): 40 hp [29.8 kW]
Drawbar (tested): 32.87 hp [24.5 kW]
PTO (tested): 40.86 hp [30.5 kW]
Mechanical:
Chassis: 4x2 2WD
4x4 MFWD 4WD (optional)
Steering: power assist
Brakes: hydraulic wet disc
Cab: Roll-Gard ROPS
Hydraulics:
Type: open center (early)
closed center (late)
Capacity: 7.9 gal [29.9 L]
Valves: 1
Pump flow: 13.5 gpm [51.1 lpm]
Electrical:
Ground: negative
Battery:
Number: 1
Volts: 12
OR a slight chance it's this 2040.
John Deere 2040
No photo available
1979 - 1981
Utility tractor
Next model: John Deere 2040S
The European-market John Deere 2040 was unrelated to the earlier North American 2040, being closer to the American 50-series tractors.
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