$1000?? Im guessing he told it was rare and collectable also?? ...LOL
Is it an openside('72-'76) or closed sided('77-'83)? either way they arent worth $1000 unless they are absolutely mint condition or recently restored top to bottom.
I decided a couple years ago I wanted an opensided model... wasnt many advertised so it took about 6 months till I found the first one... '74 LGT 165 with 50" deck for $300, still have it, still runs, but a little rough cosmetically so I decided to look for another one for parts... so I placed a "wanted" ad on kijiji.... got 3 LGTs and an older Ford right now, and have sold a few aswell, never paid more than $300 tho, they were a very popular tractor so theres alot of them around if you put a little effort into finding them. But if you wait for them to come up for sale alot of people ask absurd $$$ and often call them Rare and Collectable.... ya right... rarely worth the asking price... and collectable because if you have one you need two more for parts... LOL
BUT... they are nice GTs to own and operate, the attachments system is one of the slickest and easiest of the time, the foot control hydro models are nice to drive but the hydro also robs power from the motor and sucks alot of fuel, for most chores I prefer the LGT100 with the 4 spd transaxle, even tho its only 10hp it actually can pull a heavier load than either the LGT145 or LGT165 that I have here, and it can handle the 50" mower deck better as well.
I dont know about parts availability... I have my own parts department now and its cost me very little since Im buying cheap tractors and occasionally even sell one, but now I deal with more than just the Fords... it kind of turned into a hobby where Ive gotten to compare a few differant brands.. but I stick to the Fords for my own use... I like them quite alot.
If this is an openside you have to make sure the grill is not badly cracked near the bottom, and the battery cover is not missing or broken, replacement grill is avail from a guy on another forum for $225, batt cover is $85. I had a dozen steel batt covers done at my shop and still have a couple left...cheap.
I'll find a couple pics... my LGT100 and the LGT145, the 100 doesnt look so good yet but that the one Im working on/with the most these days, 145 is about as far as Im going with it, both have full rear pto and are mechanically in very good condition, tiller and decks for both, I'd say they are about the $600-$700 range but I wont part with the 100. Ive added a muffler to the LGT100 since this pic... its now the quietest GT Ive ever had.