I guess I'm in the minority here. Yes, I'd probably do that, but with a couple conditions: 1) I knew you pretty well, or at least talked to you enough to know you were serious. 2) We would have to schedule a payment system. 3) If you missed a payment, you not only don't get the tractor, you lose the money you paid already.
I've been on both sides of this deal several times and it's worked out fine every time. One time I bought a nice remington 11-87 that way, paid it off in about a year and got it just before deer season.
Be careful though, if you pay the money and the seller doesn't deliver, (or dies in the meantime and the family refuses to honor your agreement) is there a way for you to recover what you've lost? Trust has a lot to do with these kinds of deals.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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