Better Than New: Restoring a Farmall 340

A 1959 Farmall 340 rusting away in a barn is brought back to life for a new century.

By Chuck Truesdale
Updated on May 12, 2022
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by Chuck Truesdale
Chuck Truesdale with his restored Farmall 340.

In November 1996, my wife, Ruth, and I bought a partially restored 1964-1/2 Mustang. We finished the restoration over the winter of 1996-’97. In the fall of 1997, we began looking for a place to store the Mustang for the winter.

A friend, Norm Purdy, told me of a two-car garage on a farm he used to own and gave me the owner’s phone number. A few days later, I met the owner, Tim Fealey, and his wife, Julie. We became good friends.

For 16 years we stored the 1964-1/2 Mustang at the Fealeys’. Later we bought another Mustang, a 1992 GT, and stored it along with the 1964-1/2 during the winter.

A project out of the blue

Over the years I noticed an old tractor at the other end of the building. It was quite obvious that the tractor had not been moved in quite a long time. All of the tires were flat and the tractor was covered with cobwebs. Wasps had made nests on various parts of the sheet metal. My curiosity finally got the best of me, and I asked Tim about the rusty old piece of iron. He had bought the Farmall 340 along with the farm. It had a 250-gallon tank mounted on the back for spraying trees in the farm’s orchard. Tim no longer had any use for the tractor as he had another one he preferred to use. The tractor had not been moved or started in many years.

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