I would think its a fair price, the FEL is well worth 1/2 the asking price leaving the tractor costing only 2500, But to even better sweeten the deal ask if he has a Bush hog cutter he'd throw in?

worth a try

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I would operate the FEL and rear 3 pnt lift and be sure to look over the Hydraulic hoses for leaking or dry roting or badly rusted hard lines, Bad hoses need of replacement can run up a cost of your investment, ask if the seller will replace the bad ones in order to close the deal? of course check the oil and Hydraulic fluids for contamination,
How ever not always seeing fresh clean engine oil is a good thing, this could mean changing of bad contaminated oil to make the engine appear to look free of problems, this might sound strange to some folks but I'd rather see normal unchanged oil, this way I can inspect and see the evidents of whats going on inside the engine and even though most contaminates are collected buy the filter you can still inspect the dipstick for metallic frags and if you do see this then you can only imagine what has been collected in the filter, but again if it has gotten to this point the oil would have most likely been changed anyway,
be sure to run it for 20-30 minutes, being sure of no running hot issue's
if the oil has in fact been changed then look again at the fluids to see if anything has mixed with them turning them (milky) not good...
while running check out the Clutch, Gears,Brakes and the PTO, when you cut it off leave the bucket up a few feet as to see if it leaks down quickly or will hold up for a while? be sure a implement is on the rear and do the same as with the front leaving it up,......................... we all don't expect new tractors for these prices, but we certainly don't want to buy them and wind up investing into them what we could have purchased a new refurb tractor for,....... even though tractor house probably has a good reputation the absolute best info about this tractor can be provided by the previous owner,
and if there willing to put you in touch with them then you are dealing with good honest folks....
good luck on your purchase,
