Page 4 of 4 FirstFirst 1234
Results 31 to 39 of 39
  1. #31
    Super Member JOHNTHOMAS's Avatar
    Join Date
    Apr 2008
    Posts
    7,137
    Location
    Somerset, Ky
    Tractor
    L3901HST F3080 RTV1140 BX2370-1

    Default Re: Do Kubota incentives last through buying process?

    Quote Originally Posted by fishpick View Post
    By kubota Finance running their incentive program this way - the dealer has to take the risk by getting in line for a tractor and then hoping the incentive is available when it shows up at their place and the customer will sign on the dotted line for it.
    I said it before - and I'll say it again - they should probably take note of how other business do "special offer financing" and maybe learn some things.
    The dealer takes "no risks" other than losing their profit margin on the sale if you walk away and didn't leave a deposit. The machine is and will be Kubotas until it is sold. The dealer has no money in the pot. Your right that Kubota Company should have a solution for this "problem" which I'm sure comes up from time to time.
    Tractors don't have "titles" like cars/trucks and can be "dislocated" easier around the country by dishonest (Thieves) people and creates different financing and insurance issues and concerns which may be the fly in the ointment.
    2017 L3901 HST FEL, 2017 BX2370-1, 2012 F3080 4WD 72" RD, 2010/2009 RTV1140CPX , 72" Woods RFM, 60" LP Grapple, J DUNN Tree Grapple, 6' LP Rotary Mower, LP25 Hydraulic PHD, LP Quick hitch, RatchetRake , Rip and Dig, LP BB, LP 50" Tiller, Snow plow, Titan SSQA Forks, Titan Hitch Mounted Ripper, Titan SSQA to 3PH adapter plate, Sickle mower .. and Horse Drawn disk 13 Toyota Tacoma Double Cab, 17 Cadillac XT5. 2007 Toyota FJ Cruiser

  2. #32
    Platinum Member fishpick's Avatar
    Join Date
    May 2006
    Posts
    750
    Location
    The part of NY with high taxes
    Tractor
    L4760 & BX24

    Default Re: Do Kubota incentives last through buying process?

    @Garandman - I'm not "really" that concerned - I think the likelihood of them dropping the 0% for 84 months is minimal - but it's silly that they hamsting the buying process at a quarter rollover... 4 times a year they make it more difficult than it needs to be. They control the financing - all they need to offer is a commitment letter - sign on the line - rate lock - whatever you want to call it... problem solved.

    @Goldnrod24 - "she looked cute"

    @JOHNTHOMAS - your comment about no dealer risk can not be 100% accurate - because if it was - any given dealer would carry at least one of every make and model of every current tractor if there was not financial impact to them carrying inventory on the their lot. I'm pretty sure they own said inventory - which costs them money that they are now NOT going to collect on a sale that's lost because financing terms changed mid-deal and the buyer walked away.
    As to the "no title" - yeah - that makes things that cost more than a car but less "trackable" a long game challenge for the bean counters, for sure!

  3. #33
    Super Member JOHNTHOMAS's Avatar
    Join Date
    Apr 2008
    Posts
    7,137
    Location
    Somerset, Ky
    Tractor
    L3901HST F3080 RTV1140 BX2370-1

    Default Re: Do Kubota incentives last through buying process?

    Quote Originally Posted by fishpick View Post
    @JOHNTHOMAS - your comment about no dealer risk can not be 100% accurate - because if it was - any given dealer would carry at least one of every make and model of every current tractor if there was not financial impact to them carrying inventory on the their lot. I'm pretty sure they own said inventory - which costs them money that they are now NOT going to collect on a sale that's lost because financing terms changed mid-deal and the buyer walked away.
    As to the "no title" - yeah - that makes things that cost more than a car but less "trackable" a long game challenge for the bean counters, for sure!
    Hate to dispute your words but your wrong. The new Kubotas are owned by kubota, the used tractors are owned by the dealers. I'm certain any dealer can not order all the Kubotas they want. I'm sure they can order what their sales volume proves they can likely sell and the machines Kubota wants to introduce to the public. I think you keep wanting to relate tractor sales companys with car/truck dealers which you may have experience with but obviously you've never been in the new tractor business. You do know there are several Kubota dealers that are members and follow the posts on TBN and will dispute false/wrong information, don't you? [/SIZE]
    2017 L3901 HST FEL, 2017 BX2370-1, 2012 F3080 4WD 72" RD, 2010/2009 RTV1140CPX , 72" Woods RFM, 60" LP Grapple, J DUNN Tree Grapple, 6' LP Rotary Mower, LP25 Hydraulic PHD, LP Quick hitch, RatchetRake , Rip and Dig, LP BB, LP 50" Tiller, Snow plow, Titan SSQA Forks, Titan Hitch Mounted Ripper, Titan SSQA to 3PH adapter plate, Sickle mower .. and Horse Drawn disk 13 Toyota Tacoma Double Cab, 17 Cadillac XT5. 2007 Toyota FJ Cruiser

  4. #34
    Platinum Member fishpick's Avatar
    Join Date
    May 2006
    Posts
    750
    Location
    The part of NY with high taxes
    Tractor
    L4760 & BX24

    Default Re: Do Kubota incentives last through buying process?

    Yup - I知 aware of members here and I respect a lot of their opinions.
    And you don稚 seem to be a dealer based on your bio.
    Thanks tho!

    Happy New Year

  5. #35
    Platinum Member
    Join Date
    Feb 2011
    Posts
    857
    Location
    Parish NY
    Tractor
    555DTC Farmall 200

    Default Re: Do Kubota incentives last through buying process?

    Am basing this on my limited knowledge, but the dealers have to sign a contract with said company about inventory. The contract usually states the dealer has x amount of months to move a unit. If the dealer does not move a unit in said amount of time they usually have to start paying some sort of payment on it. The longer a unit sits the more stake the dealer has in it and the harder they will push to move it. Again just my very limited expeience

  6. #36
    Platinum Member Peter 315's Avatar
    Join Date
    Mar 2016
    Posts
    650
    Location
    NH
    Tractor
    Kubota L3800 hst kubota l47 tlb ( John deere 770 sold )

    Default Re: Do Kubota incentives last through buying process?

    kubota owns the machines and they are on a floor plan. Dealer pays interest every month until the note is due. A Company comes in every month to check inventory to make sure sold machines are paid for.

  7. #37
    Platinum Member fishpick's Avatar
    Join Date
    May 2006
    Posts
    750
    Location
    The part of NY with high taxes
    Tractor
    L4760 & BX24

    Default Re: Do Kubota incentives last through buying process?

    Thanks Peter 315 - so - it costs the dealers to have a unit unsold on hand. Maybe not inventory cost - but interest against loaned units.
    That makes way more sense!
    Last edited by fishpick; 12-30-2017 at 11:10 AM.

  8. #38
    Platinum Member
    Join Date
    Mar 2008
    Posts
    543
    Location
    NY

    Default Re: Do Kubota incentives last through buying process?

    Quote Originally Posted by Peter 315 View Post
    kubota owns the machines and they are on a floor plan. Dealer pays interest every month until the note is due. A Company comes in every month to check inventory to make sure sold machines are paid for.
    This sounds exactly the same as how auto dealer financing works. Enforcement methods may be somewhat different however. If inventory discrepancies are found at a new car dealership they are likely to be considered out of trust and the manufacturer will confiscate all the MCO/MSO's.

  9. #39
    Member
    Join Date
    Nov 2017
    Posts
    29
    Location
    Callicoon, New York
    Tractor
    Kubota BX2670, L3901 TLB

    Default Re: Do Kubota incentives last through buying process?

    Quote Originally Posted by Peter 315 View Post
    kubota owns the machines and they are on a floor plan. Dealer pays interest every month until the note is due. A Company comes in every month to check inventory to make sure sold machines are paid for.
    Why does the dealer pay interest if Kubota owns the machines? That doesn't sound right. I'm going to guess that this works more like other types of asset backed financing. The _dealer_ owns the machines, Kubota or a third party finances the inventory, and the inventory loan is 100% collateralized by the encumbered asset, so the equipment is a restricted asset of the dealer.

Page 4 of 4 FirstFirst 1234

Similar Threads

  1. Help on Buying a L3200...where I am in the process now...
    By Atlanta Panther in forum Kubota Buying/Pricing
    Replies: 10
    Last Post: 06-18-2013, 05:15 PM
  2. Buying Advice Buying Process
    By cletus99 in forum Buying/Pricing/Comparisons
    Replies: 17
    Last Post: 03-24-2013, 10:18 AM
  3. New X Series Buying Incentives?
    By awlchu in forum John Deere Buying/Pricing
    Replies: 1
    Last Post: 06-28-2005, 08:12 AM
  4. Kubota incentives
    By tricel1 in forum Kubota Buying/Pricing
    Replies: 6
    Last Post: 09-02-2003, 03:17 PM
  5. In the process of buying a new 4710
    By rockfj in forum Buying/Pricing/Comparisons
    Replies: 13
    Last Post: 08-28-2003, 10:35 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
© 2017 TractorByNet.com. TractorByNet is a registered trademark of IMC Digital Universe, Inc. Other trademarks on this page are the property of their respective owners.