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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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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