keeping in mind it's a lawnmower sized machine and all.. what did you plan on doing with it work wise.. answer that before we address value..
soundguy
Please don't take this the wrong way Soundguy as I do have respect for your posts and knowlege. I have seen you refer to these smaller machines as "lawn mower size" in what seems like a derogatory way.
Among other tractors, I have owned a 4x4 1210 for many years and I have to ask you:
What lawn mower can move and spread 10 ton of top soil in 1-2 hours?
What lawn mower can hook up a bush hog and cut 6 foot grass?
What lawn mower can clear snow from a residential driveway in 15 minutes?
What lawn mower can bury the rippers in a box blade and drag it around like it was nothing?
What lawn mower can lift 850 lbs on the 3 pt and 650 lbs in the bucket?
You get the idea.... These are smaller machines but given a little more time they can accomplish a lot. They are much better than not having one.
To the OP, this sounds like a decent deal. The loader alone is worth an easy 1800.00 and if it is mechanically sound it would be a great tool for a smaller piece of property up to around 5 acres. Try and run it until it warms up good and then check the loader cycle times.