New is relative right? I bought a mate of mines old Ferris with 250 hours on it. It has been great but no so great ATM due to moving to steep sloped land! Not sure Ferris is ideal for this land, anybody else using one on steep slopes?
I have had only one problem in the 4 years I have owned it and that was odd, the arms would jam and you could not get them to move, then suddenly it went back to normal. Put it in for service and $900 later it is sort of fixed ie only jammed once in last year,
All in all a great mower which I use in conjunction with my tractor.