Charlie, you have to remember that asking price and sell price are 2 different things. You are not going to find many people willing to pay 15K for a tractor that needs another 5K worth of work. They expect a 15K tractor to be field ready. My BIL bought a 1586 about 10 yeas ago for 16K. He used that as his primary tillage tractor on a 1000 acre diary/beef/grain farm for about 8 years. It's just now in need of an engine rebuild plus he had to put a clutch in it about 5 years ago.
5-10K should by a dencent used diesel tractor in the 80-120 HP range. I'm farming avout 70 acres of crop land with a 1206 Farmall that my son in law and I got for 5500. It's been runing strong for 3 years for at the cost of a clutch. I use it year round, it has snow blowing and feeding to do in the winter. Like I posted before, at 70 acres of crop land you would be hard pressed to put 100 hours on a 80 plus HP tractor a year. So something with a 10K engine life at 6500 is still good for another 3500 hours or in your case 35 years. May not be pretty but it gets teh job done.
If I were you I would look at a 700 series. The 706 is a little hard starting when cold but is efficent and can pull a 4-16 plow at 4 MPH, run a 10-12 fott disk or field cultivator. 4 row corn planter, 12 foot drill.....
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