If you have not bought an acreage yet, I wouldn't rush out to buy a tractor yet either. Get some quotes for what it will cost to hire someone else clear the trees, roots and prepare the ground for a pasture, including fences. Factor those costs into your purchase price because it will cost you about the same or more to buy equipment and do the work yourself, but it will be a lot of fun!
If your one to two inch trees are four to ten feet high and two to six feet across, I would prefer to pull most out by the roots on a muddy day than to cut them off with a mower and fight the roots and sharpened stumps for several years. The 165 with a stout loader would be the best to start with, but I think $8,000 is too high. You will have a hard time selling it for much over $4,500.
It sounds like your tractor needs for clearing the trees may be much different from your long term needs of clipping pasture weeds, moving a few bales and clearing snow. You may want to buy one tractor to get the place the way you want it, then trade it for a smaller gas tractor to maintain the place. A loader, 3 point hitch, live PTO live hydraulics and power steering are all very handy. A quick attach loader is great to have, but hard to find on 50 year old tractors.
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Today's Featured Article - The Fordson F Ignition System - by Anthony West. A fellow restorer contacted me earlier this year asking for some help and advice on a model F that he was restoring. He had over a period of months spent a fair amount of his hard earned cash on replacement parts for the old "trembler" ignition. Sadly though all his efforts seemed to be a waste of time and money as he still couldn''t get the temperamental old thing to run correctly!! If i said that this was a little frustrating for him that would be "conservative" in fact the problem had reduce
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