I like buying equipment that is 15 years old and never touched. I picked up a reel recently and the engine code was from 96. Everything works well so far. You need to go ahead and figure in pricing for replacement parts and add it to the cost. Then figure if the risk is worth the reward. I do feel the gamble is greater on older equipment. There have been a few times where I would have made out much better cost wise buying a newer machine for more money. You def take your lumps with resale as well. Even if you go throw and replace all the major 'wear and tear' items, has low hours, and looks nice, you still have a hard time just getting your money back that you put in.