Olathe also made a 48" model. Now made by TORO. There are deals out there, you just have to keep looking. I bought one last fall, not pretty from setting outside, but hardly used. Local H.S. used it to reseed the football field for several years, until they replaced it with astro turf.
Bought it for $100.00, from a guy who bought it at the schools surplus auction. Cutters, disc's, seed box, drop tubes are perfect. Just need to replace about 18" of #40 roller chain, and it should functrion.
Not going to worry about paint, until I see how it works. Hope to reseed some pasture/paddocks later this fall.