Introduced in the fall of 2003, the 5020 series was a smaller "genuine" John Deere than before: it was built in Germany and had a separate frame. Features similar to the larger models included an oil-immersed clutch and an electric lift. The transmission was also a PowrQuad 16+16, like in the 6020 SE models. The hydraulic, clutchless shuttle was controlled with a mechanical lever in the basic version. The PowrQuad Plus version had a quick-shift adaptation when changing the range gearbox and an electrically operated shuttle lever. The engines were familiar 4.5-liter units but without electronic engine management. The hydraulics featured continuous flow. The technical differences compared to the 6020 SE model were therefore minor. However, the tractor's external dimensions were significantly smaller, and there was noticeably less space in the cab as well.

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