Junkman
Super Member
I am in agreement with Daryl on this also. One thing to remember, it isn't cheap to weld up a crank and have it turned. As for the bank owning it, I would go to the banks loan department manager and have a pocket of cash along with me and make him an offer that is somewhat on the low side. Take it from there and negotiate a price that you can live with and he can justify to his bosses. They don't want to be in the tractor repair business or the tractor sales business either. They just want out as fast and cheap as they can. Whatever deal you make, get it in writing that they are responsible for paying off the dealer. If possible, have the dealer deliver all the parts and the tractor to your home. It won't cost that much and will help you to keep a good relationship with the dealer. You don't want to be looking for parts that are missing. Once you make the deal, then get the tractor out of the dealership ASAP. I know what I am talking about here because I have made these type deals in the past. The dealer is probably trying to buy the tractor also. He sees a profit to be made if he can "steal" it and won't be happy if you make a better deal than he has offered. You can bet that he has already made them a low ball offer on the tractor that they have turned down. This is to your advantage, because your offer will need to be higher, but not by much. Just enough to pay the dealer for the work that has been performed so far. Try to stay on good terms with the dealer and lead him to believe that you will be buying all the parts from him, even if you are not. You can win more friends with honey than with vinegar. If he can see $$ coming his way, even if he doesn't own or repair it, he will be very agreeable. Personally, I would go for it, but remember it is a gamble. No one knows exactly what the exact condition of the engine is until it is totally torn down. You must be a gambling man to want to take this type of gamble. I have won and I have lost. The idea is to win more times than you loose to be ahead in game. Good luck.... and don't be afraid to walk away if it doesn't go the way you hope. Better to have tried and lost, than not have tried at all. The dealer still has a relationship with the bank and won't want to jeopardize that either. All of this is to your advantage....... /forums/images/graemlins/wink.gif