I have a 58 ford 800 Power Master I got with my property and 8 acre field. It looks like petty coat junction but parts are available and cheap. I have used my grader blade - 100 dollars, pond scoop 100 dollars, hawse 5 ft bush hog - 650 dollars, ABO-22 8ft adjustable disc 400 has round and chopper discs, post hole digger 250 with 12" auger and ford 3 row plow 250 to do everything I could do with a loader/4x4 and minus a payment of 3 or 400 dollars.
If you can pay cash or handle payment easy - the new is great, just minus ac/heat/cab?
If no payment, working with what you got and knowing your capabilities of tractor and equipment works for you and you are reasonable - the ford is fine. You may have to do more steps or more trips, wait for it to dry up so you don't get stuck?
If you're a high roller and impatient and do not have the time to wait - I highly recommend the newer
It took a couple of years watching, listening, estate sales and yard sales to find everything for decent price and all good equipment minus a few pins and parts.