Well you can spend several tens of thousands getting one them fixed after they start to have issues. I like them but will not buy one for any amount that needs transmission or hydraulic work.
The Hi-Lo not working is a $3000-3500 repair just in itself as usually the housing in the Hi-Lo is bad when they go out. It is rarely just the piston seals.
The shift rail issue is not that bad for parts cost but the labor is 4-5 times the cost of the parts.
If it is cheap enough buy it for the motor. Then put that in a 3020/4020 gas tractor and you have a good reliable tractor.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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