How Much Does A 40 Hp Tractor Cost? (7 Examples + Price Chart)

A 40 horsepower tractor ranges from $3,000 to $4,500.


This varies based on the number of features that come with the tractor and where it is purchased. 

A 40 horsepower tractor is an important part of many farms, whether you are working on commercial land or your own personal farm. 

Another type of use for the 40 horsepower tractor is in waste removal or construction work. 

With so many uses available to a person, farmers and other buyers need to understand what they should expect when purchasing one of these tractors.

How To Find A 40 Hp Tractor For Your Budget?

The first step that potential buyers need to take is to learn about all the options that are available with this particular model. 

This can be done by taking out a piece of paper and writing down everything that could affect the price of the tractor, including things like how old it is, how much has been used on it, etc.

After drawing up this list, go ahead and research all costs associated with purchasing this type of tractor. 

Some ideas for associated costs include the price of transporting it to your location, new tires if needed, any weather equipment that might be required (such as plowing equipment), and all other peripherals that you will need to do daily work with the tractor.

Once these lists are complete, compare them against each other to determine what you will end up spending for this particular 40 horsepower tractor. 

As an example, let’s say you did some research on a specific unit and found out that there is only $500 in the difference between the amount of money you were expecting to pay and what it will actually cost. 

This is good news because it means you ended up getting the best deal possible without compromising on anything important to you.

The next step to take is figuring out how much more this tractor will cost compared to a 25 horsepower model. 

This extra money allows for features such as better gas mileage, more power on hills and other types of difficult terrain, and the ability to pull larger loads across longer distances with less strain.

If you can’t afford all of these extras right away, don’t let that discourage you from making the purchase because it is an investment that will help your farm or company in the long run. 

You could possibly extend your budget by leasing or taking out a loan through your local bank or credit union so you can have everything that you want without having to pay for it all upfront.

 As you can see, there are many benefits available when you want a 40 horsepower tractor.

Once you have a firm understanding of what each option will cost for this type of machine, it is time to consider the resale value of your future purchase. 

This means that if you aren’t going to need the tractor after a couple of years, you should go ahead and sell it yourself instead of trading it in at a dealership because there will be more money involved with doing so. 

For most people, this step isn’t necessary because they know that they are going to have this specific model for many years to come.

Top 7 examples of A 40 HP Tractor:

1). John Deere 4020 4WD Tractor

This is a four-wheel-drive tractor. It has four 15″ front and back wheels.

The engine size of the 4020 is 193D and it uses a hydrostatic transmission with a power steering system. 

Other features include advanced hydraulics, advanced electronics, ergonomic steering wheel design, and customized operator station with cruise control switches, and more. This tractor costs around $47,000.00.

2). Kubota M6060S 4WD Tractor

The 6060S is another 4WD diesel-powered tractor from Kubota, which also includes power steering for easy maneuvering.

It has an average ground speed of 8 km/h (5 mph), which can be increased to 11.2 km/h (7 mph), providing excellent speed even on steep slopes. 

The engine size of this tractor is 606DB, which provides 102hp at 2200rpm. This model also includes many hi-tech features like the steering wheel control system and large capacity rearview mirrors. 

3). Green Farm Tractor

This is another 4WD diesel-powered tractor from Kubota with power steering for easy maneuvering. 

It comes with two 15″ front and back wheels with larger wheel hubs for improved traction. The ground speed averages 8km/hr (5 mph) and can be increased to 11km/hr (7 mph), providing excellent speed even on steep slopes. It costs $33,995.

4. Case IH Quadtrac 620

Price: $169,000-$186,000 USD

HP: 3- 40

Category: Row Crop – 4WD – High Clearance Tractor

This is the best tractor on the list if you are looking for a farm workhorse that will do it all and more. This bad boy has quads of power to pull hefty loads and can be used as an effective tool for harvesting or making hay with its dual front-mounted heads. 

This 40 HP “little giant” may come at a price but it can carry out any duty asked of it by its owner.

If you have deep pockets then this would only benefit your operations and not break the bank each month like the other tractors on this list.

5. Valmet 880

Price: $66,000-$100,500 USD

HP: 3- 40

Category: Mower Conditioner – Row Crop Tractor

This Finnish-built beauty sits at the lower end of the price range for this article but it does not lack power or reliability. It can carry out a plethora of farm tasks from harvesting grain to mowing hay with a front loader and mower conditioner mounted up front. 

A true 4WD tractor that is designed to work hard and be versatile enough to mow your pasture before you begin harvesting or planting your root crop fields in the springtime. This machine was built tough and will stand the test of time.

6. Deutz AG Fahr Series 9-40 4×4 High Clearance Tractor

Price: $259,000-$457,500 USD

HP: 3 – 40

Category: Row Crop Tractor – High Clearance

This German-made beast on wheels is a tractor that you can rely on and will quickly become your best friend when you need to get the job done. 

When it was first introduced in 2001 it was one of the fastest tractors out there with speeds up to 65 km/hr (40mph) and has since been “toned down” as they say with an upgraded transmission system for slower top-end speed but better low range torque. 

This is not just some cheap import farm machine, this was designed to work as hard as you do and is sure to not let you down. 

It can carry out any duty asked of it by its owner thanks to its adjustable booms that allow the use of sickle mowers for cutting hay or mower conditioners upfront for mowing grass.

7). John Deere 4230 4WD Tractor

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This tractor costs around $23,700. It has a hydrostatic transmission with cruise control, a power steering system, and large capacity rearview mirrors. The engine size is a 4-cylinder diesel engine at 111 hp at 2400 rpm. 

It has four 15″ front and back wheels (larger wheel hubs for more traction). Other features include ergonomic steering wheel design, customized operator station with cruise control switches, etc.

New$5,500+ USD
Used$5,000 – $6,499 USD
Estimated rebuild/refurbished$160 – $2,899
Estimated used w/new engine$1,500 – $5,000 USD
Estimated used w/repaired engine$3,000 – $7,200 USD

Is 40 Hp Enough For A Tractor?

A 40 horsepower tractor would be able to do an enormous amount of work, but that doesn’t mean it isn’t powerful enough. A 40 horsepower engine will be the perfect size for most small-to-mid-sized tasks. 

But what does a 40 horsepower engine really mean? Well, it’s basically telling you how many pounds per square inch (PSI) of pressure or force is generated by the piston in one single minute. And here are some examples: 30 hp = 300 lbs/sq in 35 hp = 350 lbs/sq in 40 hp = 400 lbs/sq in 45 hp = 450 lbs/sq inch.

As you can tell from the list above, the higher the number, the more work can be done. But if you do too much work, the engine will overheat and eventually break down.

Engine size mostly depends on what kind of work will be done, but sometimes it also depends on how large the tractor is or how many people are using it. If you need something more powerful than 40 horsepower, consider leasing a larger tractor for bigger jobs.

How Big Is A 40 Hp Tractor?

A 40 horsepower tractor is considered to be a medium-duty type. It’s not built for heavy-duty work on large acreages, but it can handle some moderate duties on smaller lots.

The tractor has more than enough power to plow through snow in the wintertime, mow grass in the summertime, and rake leaves in the fall.  

To find out how much weight such a machine could handle as far as pulling or pushing heavy objects around, you would need to refer to its specifications.

If you had this kind of tractor and wanted to use it strictly for landscaping purposes, such as landscaping your home’s garden, then you would only need one that had a small engine and was able to operate at a low RPM for hours on end. 

You wouldn’t need a lot of power or speed. But if you wanted to use it as a tractor and pull heavy-duty lawn equipment behind it all day long, then you would want one with a bigger engine that could handle the added weight.

A medium-duty 40 horsepower tractor is not built for large farms or ranches where there is lots of heavy-duty work to be done, such as plowing fields and harvesting crops, hauling hay bales from one location to another, moving feed around, etc. It’s more suited for light-duty chores on a smaller scale.   

For example:

  • Mowing grass on a residential property
  • Removing snow from driveways and walkways
  • Easing through tight areas in the yard with ease
  • Moving light objects around, such as tree stumps, garden decorations, table, and chair sets, etc.
  • Raking leaves

But if you wanted to own a tractor that could handle all of your needs around the house when it comes to lawn care and landscaping projects, then you would want one that had more than 40 horsepower, perhaps upwards of 60 or 70 horsepower. 

That way, you’re able to do heavy-duty tasks like plow fields for planting crops in the springtime or removing bales of hay from storage to feed cattle. 

You can also use it to haul large loads around without worrying about slow speeds, lack of power, or not being able to perform the tasks that need to be done.


For those who do decide to resell their used machinery, going about it online is your best option because there is a larger pool of buyers available through the internet as opposed to just trying to sell it to your nearest dealership. 

Another huge benefit is that you can do all of this work from the comfort of your own home or office without having to set up an appointment or worry about employees screwing something up like they might at a dealership.


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