They aren't grey market tractors. Nor are they really that rare, they just didn't build them for very many years. They are way more popular in the northern US states and Canada though. They aren't bad, but a little under powered in my opinion. I've spent time on one.
Don't put a loader on it. They really aren't heavy enough, and without MFWD, you won't ever be able to get traction. If you want a loader on a machine that size, you need 4wd.
Daniel means he would buy an old M with that money.
I think your on the right track, but like I said, if you want to run a loader, find a 4wd.
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