The Valmet 502 is a utility tractor produced from 1971 to 1982 as part of the 02 Series by Valmet. It features a 2.7L 3-cylinder diesel engine producing 54 hp (40.3 kW), a 6-speed gear transmission with 6 forward and 2 reverse speeds, and two-wheel drive with power steering and mechanical disc brakes. The tractor includes a cab with a heater as standard. It has a rear lift capacity of 3,307 lbs (1500 kg) and an independent rear PTO operating at 540 RPM. The Valmet 502 has a wheelbase of 83.15 inches (211 cm), weighs 5500 lbs (2494 kg), and comes with standard agricultural tires sized 7.50-16 front and 14.9-28 rear, with optional larger tires available. The tractor supports front-end loader attachments such as the VL 1300 Loader with various lift and reach specifications.