Even with the currency conversion, be it a fully dressed mfwd model or not, the value was in the product they manufactured. Aside from the independent pto and engagement of same,(something I am still trying to master) you got a well proven tractor built on a platform starting in '65. 3 cylinder diesel, was very reliable, as is the remainder of the tractor.
I thought the same thing, in '96 I bought something new of similar value, a cobra mustang convertible....(first new car, always drove old vehicles) really should have spent that on a tractor, as I believe the value was the same or very close. I got by with an old 850 Ford, still have the car, the 850, and just recently bought a 1200 original hour 4630 with fwd, factory front weights, 8x8 trans with mechanical shuttle. The tach cable is original in it too with a working hour meter, though the darned tachometer is not accurate, needle moves all over. Tires on it are from the factory and have 90% of the lug height. Now I realize many eras produced fine tractors of several manufacturers, but Ford really did build a good one in these. Look how many are still out there, and late 90's models can still be found with low-moderate hours. The one I got was replaced by the original owner because he wanted a modern one with a cab, 2nd owner re-enlisted as a naval officer on a sub based in the northwest, from here, but the tractor had been sitting in a building almost 2 years when I got it. Giant mouse nest over the fuel tank, behind the instrument cluster certainly supports that, I have never seen a mound of mouse crap the size of what I cleaned out, the shop at Capital did some work for me on it before delivery and they got the nest material out, but left the crap LOL ! Fixed 2 chewed wires and a new key switch, boy she was ripe for a fire if that was not taken care of !
The fact that you can work on these compared to the electronic wonders of today, is also of value, so is parts support, I don't see how you can go wrong with one of these for the most part, if you get one reasonably cared for.
This tractor is just ideal for any work I have, the front axle drive though not needed all that much, there already have been times and its a really nice feature, but.... I just hope it holds up, I have read various stories about them, but some sounds like heavy loader work or what have you. Its stable on slopes,has a wide stance up front, plenty of power for utility/chore work, great on fuel consumption.