I have an 8430 that came to this farm new. They aren't worth much but are cheap horsepower. Grease everything copiously and it will serve you well. Ours has a 50 series engine in it we put in at about 9000 hours. I won't put a ton of money into mine but it will have a place here as long as I can keep it running.
If I were to get another older tractor I would get a 4440. I love mine - had two and stupidly sold one. Big mistake. Ask a Deere mechanic what the two best machines they made are and he will likely mention the 4440. Mine has been here 25 years. When I got it the pump had been turned up to 150 horsepower. The guys at the shop about have a fit every time it has been in for a priority - it's going to tear up the rearend, etc. I run it smart and it has never failed me. It does an amazing job and can outwork all but the 8430. It drinks more fuel than the other one I had, but is twice the machine. That engine (same one as the 8430) is unstoppable.
It sounds like you are more comfortable with old machines. If you are patient you will find a good one. They hold their value well and are simple to work on. I only have one tractor newer than a 40 series - a 7800 that I plant with. It's a great machine and in great shape. It was worth the $50k I paid but it is computer gizmo city. The IH's I have are all the same era of the 40 series Deeres (and some as old as the old Johnny Poppers). Again, easy to work on.
Keep the 8430, get a 4440, and a 4020. Use the old poppers to pull wagons. Liquidate other dead weight and free up some cash.
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