How many acres and how much anticipated seat time?
Diesel will use less fuel, BUT any repairs to an injector pump or injectors will very quickly erase any money saved on fuel and then some. "Old" and "diesel" is not a cheap game to play also parts may be hard to come by or non existent.
Old gas tractors are more forgiving for the casual user and engine internals are readily available for most types. You can find whole rebuild kits right on this website for gas engines.
Newer tractors will cost more initially but have more features such as power steering and independent pto. Most tractors since the 60's came with pretty good user friendly features. However, those features add complexity and even a tractor from the 70's is now 40 years old.
Best bet is to decide how much you want to spend and figure out how much tractor you need. Then find a knowledgeable friend to help you go "shopping".
An old M Farmall for example will easily handle a 6 ft brush hog and blade and a loader. However it takes a little finesse to use non live hydraulics and transmission linked PTO. However, those simple systems are more reliable than an AK-47.
If you are not inclined to heavy maintenance then condition will be a big factor in your purchase and thus the knowledgeable friend to help you not buy a lemon. I'm partial to Farmall but all the makes had good points and bad points and you have to buy on condition of a particular machine.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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