Spo307 -- I've been workin' thru the same decision that you're lookin' at right now.
You've got more ground to work -- I've got 20 acres with alot of trees -- that I want to turn into hay and pasture.
Good advice here --- a good, low hour full-size TLB can take on bigger jobs and work more ground; i.e. dig that pond deeper and bigger, etc.
But machines are like kids and dogs --- ya' gotta feed 'em and clothe 'em and take 'em to the doctor when they get sick...
If you can afford 2 used machines and don't mind a bigger outlay to support 'em; then that option makes sense for you.
I looked at the 110 and the 39. The 110 is a bigger machine and just plain more iron. Physically, the 110 is closer to the 48 in size, wt. and capacities; i.e. loader and hoe specs. A hundred pounds here or there for one or the other --- (there's a whole crowd here on TBN that will split hairs on this stuff until the dust is so thick ya' can't see the issue at all and then everyone will settle down and agree that all the spec sheets from the manufacturers are wrong or outdated or maybe the printer got it messed up.... ad nauesum!?!?) But in the real work world; I won't know if there's 40lbs more or less in the front bucket when I'm movin' dirt---
A good used, 110 will cost you (on avg $3K) more than a 39. The 110 and the 48 are much closer in price.
Builder is right on the prices of these new smaller frame TLB's. They cost way, way too much for the amount and kinds of work they can reasonably take on. But the same criticism can be made for the CUT's that are on the market, now. A good, used Ag-type tractor in the 35-55hp will out bale, out mow, out pull and take on bigger jobs than the same Hp CUT for a whole lot less money, IMO.
The price of a new, green 3000-4000 series TLB with all the hyraulic options, lights, etc. will be in the mid $30's to $40's. (A cab model CUT will cost more than a 110.)
On an equal Hp comparison of models, that's just about ~$3K less than a "tricked out" 110. I should know -- I've got all the quotes on my desk....
Best thing is --- get in the seat and see for yourself. Get a feel for the controls and a sense of how the things are put together.
Anybody who claims the 110 is a "rebadge" Yanmar or a 3000 series, etc. hasn't spent much time on either machine, IMO. That's like sayin' the 48 is just a L4730 or
L4740.... not even in the same ballpark!!!
Sorry for the dragged out post --- but this horse has been on the track quite a bit the past couple of weeks here on TBN...
You know what you need to do right now with a TLB and what you're likely gonna do in 3,4,5 years. After you crawl around a couple of the smaller, TLB's you should have a pretty good idea if any of 'em will fit the bill.
Best of luck in your decision.
AKfish