What % Discount

Lloyd_E · 05-20-2008, 02:06 PM

I am down to two dealers JD and Kioti. looking at spending around $56,000(taxes in) for tractor and implements. About $10,000 more than I wanted to spend. What kind of discount can/should I ask for on a cash deal. I was hoping 15%. That will get me within a couple of grand of original budget. Not happy but I can live with it. Or should I ask him to match original price I had in mind. My original budget was based on tractor quotes plus quotes on implements from 2-3 dealers.

TIA

Lloyd

LoneCowboy · 05-20-2008, 02:23 PM

Cash doesn't matter much anymore with tractors/cars/trucks/etc.
If you finance, they get a check from the finance company for the amount and the finance company deals with you. It's simply not a big deal. You should get a little because there is no BS, no financing, no paperwork, less time for them, but we're talking a few hundred here, not a few thousand.

You should put them to their best price and indicate you have cash and are ready to spend and see what they can do. some can (or will) do better, some won't.

flusher · 05-20-2008, 02:40 PM

Quote:

Originally Posted by Lloyd_E

I am down to two dealers JD and Kioti. looking at spending around $56,000(taxes in) for tractor and implements. About $10,000 more than I wanted to spend. What kind of discount can/should I ask for on a cash deal. I was hoping 15%. That will get me within a couple of grand of original budget. Not happy but I can live with it. Or should I ask him to match original price I had in mind. My original budget was based on tractor quotes plus quotes on implements from 2-3 dealers.

TIA

Lloyd

With the 0% financing deals (48, 60 months) that dealers are offering, paying cash isn't a big swinger.

Whether you can get the dealer to deal depends on the present incentives that he's offering. Two months ago a bought a new Mahindra 5525 (55 hp engine, 45 hp pto) with the ML250 FEL. The dealer incentives amounted to about 6% of the tractor/FEL price.

PaulChristenson · 05-24-2008, 11:30 PM

Quote:

Originally Posted by LoneCowboy

Cash doesn't matter much anymore with tractors/cars/trucks/etc.
If you finance, they get a check from the finance company for the amount and the finance company deals with you. It's simply not a big deal. You should get a little because there is no BS, no financing, no paperwork, less time for them, but we're talking a few hundred here, not a few thousand.

You should put them to their best price and indicate you have cash and are ready to spend and see what they can do. some can (or will) do better, some won't.

Actually Cash is worse...because, in the case of John Deere, their financing wing doesn't get a piece of the action...

BTI · 05-25-2008, 12:23 AM

Cash discounts with Kioti are listed on their website.
Depending on the model the discount range between $600 and $1000

BTI

jinjimbob · 05-25-2008, 12:40 AM

For cash, you save between 300 and 600 dollars, + the 'discount' of not paying a finance doc fee.

CurlyDave · 05-25-2008, 02:08 AM

If you have cash, you should get whatever the best deal they will offer a credit customer plus a little bit more off because they know that you are buying the equipment today, no fooling around with credit approval etc.

Let them know you have cash & there is a competitive situation and ask them for their best price.

I would be willing to pay a bit more for Deere than Kioti based on reputation, both of equipment and of parts availability.

sebert2007 · 05-25-2008, 06:09 AM

I agree with the others about percentage of discount for paying cash, but there are other factors, such as how long the dealer has had the equipment etc. I would offer 4 or 5 thousand less, who knows maybe they will take it and if not maybe they will split the difference. All they can do is refuse your offer.

shimp · 05-25-2008, 09:28 AM

the general rule for paying cash-

u tell dealer up front-dealer hikes price

tjkadar · 05-26-2008, 08:55 PM

You can get 23% off of John Deere if you are paying cash and a member of the USDF, USEF, AQHA, or the like.

05-20-2008, 02:06 PM	#1 (permalink)
Lloyd_E Silver Member Join Date: Nov 2003 Location: Nova Scotia Canada Posts: 214	What % Discount I am down to two dealers JD and Kioti. looking at spending around $56,000(taxes in) for tractor and implements. About $10,000 more than I wanted to spend. What kind of discount can/should I ask for on a cash deal. I was hoping 15%. That will get me within a couple of grand of original budget. Not happy but I can live with it. Or should I ask him to match original price I had in mind. My original budget was based on tractor quotes plus quotes on implements from 2-3 dealers. TIA Lloyd

05-20-2008, 02:23 PM	#2 (permalink)
LoneCowboy Platinum Member Join Date: Oct 2006 Posts: 924	Re: What % Discount Cash doesn't matter much anymore with tractors/cars/trucks/etc. If you finance, they get a check from the finance company for the amount and the finance company deals with you. It's simply not a big deal. You should get a little because there is no BS, no financing, no paperwork, less time for them, but we're talking a few hundred here, not a few thousand. You should put them to their best price and indicate you have cash and are ready to spend and see what they can do. some can (or will) do better, some won't.

05-25-2008, 12:23 AM	#5 (permalink)
BTI Platinum Member Join Date: Feb 2002 Location: Nelsonville, Ohio Posts: 536	Re: What % Discount Cash discounts with Kioti are listed on their website. Depending on the model the discount range between $600 and $1000 BTI __________________ EARTH FIRST----We'll Clear-cut the other planets LATER *****The poster formerly known as Kiohio**** 740-753-9242 Last edited by BTI; 05-25-2008 at 01:16 AM.

05-25-2008, 12:40 AM	#6 (permalink)
jinjimbob Bronze Member Join Date: Apr 2008 Location: Enumclaw, WA Posts: 91	Re: What % Discount For cash, you save between 300 and 600 dollars, + the 'discount' of not paying a finance doc fee.

05-25-2008, 02:08 AM	#7 (permalink)
CurlyDave Veteran Member Join Date: Dec 2005 Location: Grants Pass, OR Posts: 1,146	Re: What % Discount If you have cash, you should get whatever the best deal they will offer a credit customer plus a little bit more off because they know that you are buying the equipment today, no fooling around with credit approval etc. Let them know you have cash & there is a competitive situation and ask them for their best price. I would be willing to pay a bit more for Deere than Kioti based on reputation, both of equipment and of parts availability. __________________ 40 Acres on a hill - fantastic view. JD 110 TLB, 4-n-1, 12" bucket, 18" bucket, Addington thumb, rock bucket (doubles as root grapple)

05-25-2008, 06:09 AM	#8 (permalink)
sebert2007 New Member Join Date: May 2008 Posts: 1	Re: What % Discount I agree with the others about percentage of discount for paying cash, but there are other factors, such as how long the dealer has had the equipment etc. I would offer 4 or 5 thousand less, who knows maybe they will take it and if not maybe they will split the difference. All they can do is refuse your offer.

05-25-2008, 09:28 AM	#9 (permalink)
shimp Bronze Member Join Date: Aug 2007 Posts: 93	Re: What % Discount the general rule for paying cash- u tell dealer up front-dealer hikes price

05-26-2008, 08:55 PM	#10 (permalink)
tjkadar Platinum Member Join Date: Apr 2005 Location: Sumter, SC Posts: 501	Re: What % Discount You can get 23% off of John Deere if you are paying cash and a member of the USDF, USEF, AQHA, or the like.

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