What specific tractors are you looking at? Some have far better mid speed efficiency numbers than others, sometimes at the expense of top end efficiency. I've spent most of my time around Fords. I've got one turned up to about 105 hp. Sometimes it's used flat out chopping silage while other times it loafs around on light work. It never burns less than 2 gph and never more than 4 with the average being around 3 for most things it does.
I still think that in your situation you need to figure out what kind of use and hours you'll put on the tractor. You go buy some old thing today and end up spending 10 grand on it in repairs, the only way you'll ever get that money back out of it is to use it because it's still worth exactly the same amount when it's fixed as it was before it broke. I think you'd be further ahead to put up with a bit less fuel efficiency for a few years than to try and trade up later... especially with older tractors.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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