Tractors

Massey Ferguson 240

MF 240. Long run, holds value. hp = claimed PTO (41). msrpBase is a used-market anchor (est.), not new MSRP. Specs: TractorData.com.

41 HP4k lbs1980-1999MSRP $8,000

Typical Resale Values

Estimated fair market value in good condition

2023 Model

3 years old

$4,500-$6,000

2021 Model

5 years old

$3,500-$4,500

2018 Model

8 years old

$1,500-$2,000

* Estimates based on MSRP depreciation. Actual value depends on hours, condition, and market.Get an exact valuation →

Massey Ferguson 240 Specifications

Horsepower41 HP
Operating Weight4,015 lbs
Year Range1980-1999
Base MSRP (New)$8,000
Avg Annual Hours500 hrs/yr

Known Issues to Watch For

Common problem areas reported by owners and service technicians.

Popular Attachments

Common attachments that can add significant value to this machine.

loader3ptballast

Include your attachments when you request a valuation for a more accurate estimate.

What Affects Massey Ferguson 240 Value?

Hours

Average usage is ~500 hours/year. Lower hours command a premium, while machines over 4,000 hours see steeper discounts.

Condition

Excellent condition machines can bring 15-25% more than average units. Structural damage, leaks, and worn undercarriage reduce value significantly.

Location & Market

Regional demand, transportation costs, and local construction activity all affect pricing. Markets in the South and Midwest typically see higher demand.

Attachments

Attachments like loader and 3pt add value. Include them in your valuation for a complete picture.

Service History

Documented maintenance history with dealer records can add 5-10% to the value. Unknown service history creates buyer hesitation and lowers offers.

Model Year & Gen

Production years 1980-1999. Newer emissions-compliant models (Tier 4 Final) generally retain value better than older generations.

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Frequently Asked Questions

Common questions about the Massey Ferguson 240, answered by EquipBook's equipment experts.

How much is a Massey Ferguson 240 worth?
A Massey Ferguson 240 is typically worth between $1,500 and $6,000 depending on year, hours, and condition. A 2023 model in good condition is worth $4,500-$6,000, while a 2018 model averages $1,500-$2,000. Get a free instant valuation at equipbook.ai/valuate.
What does a Massey Ferguson 240 weigh?
The Massey Ferguson 240 has an operating weight of 4,015 lbs (2.0 tons). This is a compact tractor in the Massey Ferguson lineup.
What is the horsepower of a Massey Ferguson 240?
The Massey Ferguson 240 is powered by a 41 HP engine. This tractor was produced from 1980 to 1999 with a base MSRP of $8,000.
How fast does a Massey Ferguson 240 depreciate?
A Massey Ferguson 240 loses approximately 13-17% of its value per year. A 3-year-old model retains about 66% of its MSRP, while a 5-year-old model retains about 50%. Average annual usage is 500 hours; machines with lower hours depreciate slower.
What are common problems with the Massey Ferguson 240?
Common issues reported with the Massey Ferguson 240 include: Perkins AD3.152; 8-speed transmission; loader mounts. Regular maintenance and pre-purchase inspections can help identify these problems early.

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