The value of a Massey Ferguson 240 depends largely on its condition and features. Generally, you can expect to spend anywhere between $4,000 and $9,000 for an average-condition Massey Ferguson 240. You can expect to pay more for a tractor that has a few more features or is in very good condition and less for one that is in less-than-perfect condition. Additionally, there is a market for used-parts that could increase the value of your Massey Ferguson 240. Ultimately, the value of your Massey Ferguson 240 is determined by the buyer, so if you are looking to purchase one, make sure to do your research and shop around to get the best deal.