The usable life of a Massey Ferguson 240 tractor depends on many factors, such as the amount of use, maintenance, and climate. A typical owner of a Massey Ferguson 240 tractor should expect to have it in service for at least 10-15 years with regular maintenance. However, some owners have been able to get more than 20 years of use out of their machines. The best way to identify the exact usable life of a Massey Ferguson 240 tractor is to research the used market and to speak with other owners of specific models.