I skipped the backhoe ($7500 option). I'm sure i'd use it, I need some waterline run next year. BUT I can hire or rent equipment for when I need that 'specialty'.
My main uses were mowing pasture - 25 acres. talking the Mrs into letting me hay 10 of it (finally did that - my tractor can do it).
Moving things with forks and loader - round bales of hay (lift capacity mattered), moving manure/compost piles.
Removing posts, putting in posts elsewhere. She's had a 'to do' list for most of the 20 years she's owned the farm but without a tractor it was necessary to pay someone - every year she'd spend $700 on stuff, plus snow plowing plus brush hogging - $2k a year, sometimes more.
IN the 18 months we've had the kioti I've put 400 hours on it - locally that's $60/hour to hire someone, perhaps more now, so that's what, $24,000 worth of work. Tractor has paid for itself already!
With haying the rough math says we'll get $4-5k in hay a year, at least, some we'll sell (2nd and 3d cuttings) and the first we'll keep.
More work..yeah, sorta.
A smaller tractor wouldn't have done all this, a bigger one was too costly. We went new cause you don't have to pay for a new one. Well, $300/month. Used it'd be $12k or more and pay right now!
Remember - the tractor is just a ratchet - without sockets it's useless. A tractor needs implements. I've bought some new, most used for a fraction of new. I've got a box blade, disks, hiller, auger, broadcast spreader ($35!!), 3pt fiish mower, had a brush hog sold it and got a flail mower, bucket and forks, a hay rake (1950s Ferguson 3 point), a 70s era new holland square baler. Next need a hay wagon, maybe 2. And a tedder. A haybine might be nice, but it's after the first two hay tools. Maybe a plow...wanted a tiller but got a cub cadet with that for 1/2 the price of a used 3pt one. MAybe hay fork at some point.
Started out just wanting to mow pastures and move snow... now we're leveling yard, clearing woods, haying...
There's a lot to consider and there are some great insights and advice presented here. Thanks everyone - much appreciated.
The message that I'm getting is that I really need to know what I'm going to do with the equipment in order to make a good choice. And as one person here said, tractors seem to create work. Which could be good or bad. I'm trying to figure that out now. There are certainly lots of projects that I'm capable of doing around here - I'm not sure which ones I want to do, and if I do decide to do them, if I should rent equipment or buy, or a combination of both.