Back in 2001 that tractor sold new for around $16k to $16.5k. I paid $18.5k for my TC45D in Feb 2001 and it was a "loader ready" tractor with the joystick, hydraulics, and sub-frame already installed. You have to consider that you are looking at a 10+ year-old tractor with no factory warranty and has had long periods of sitting idle as is evident by the hours. I'd offer $10k and would not budge above $12.5k for that tractor. You can easily get a Bush Hog or other brand of loader added for around $4.5k to $5k, but you probably won't be able to find a factory 16LA loader for that tractor unless somebody is salvaging a loader tractor, and you can buy it used.