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I think you could find a decent older machine for that money. If I were in your shoes I think I would look around for a John Deere 440, TJ 208-230 or a TF C4-C5. There all decent smaller machines. Also depends on dealers in your area to get parts and service. Buying an older machine you have to figure in for some break downs. I feel that the John Deere's are more operator friendly but the Timberjacks and Tree Farmers are easier to work on.