I paid less than 11k for the brand-new tractor with front end loader and a shredder, and it was money well spent.
The engine and drive train are dependable and tough. Everything else has either broken or never worked in the first place---instruments, lights, and other non-essential items are crap. I've installed an after-market replacement for the hour meter, and the gas gauge is a stick inserted in the tank). Also, the fuse box shorted out and caught on fire in the field a the two-year mark (good thing I had my cooler with me).
Still, no regrets. It works well and that's the reason I bought it. I just wish it were heavier. Plenty of power, but the wheels spin too much.