Cash vs 0% finance cost

[dan8152]

Is it just the free loader if you do cash? Finance charge around $6000 more?
Looking at an xr41 series with hydro and cab.
What's the best financed price?

Thanks

 

[gersus]

That's my understanding. Odd but it is what it is. I was quoted ballpark 5 or 6% I believe. Haven't purchased yet but hoping to!
Are you replacing the L2501 or adding to the family? The XR41 series is awesome.

 

[3Lfarms]

Like my dealer said, there is no such thing a zero percent interest.
If you finance through LS, you will be paying a finance charge. They just move the goal posts. If you are going to finance, it’s probably best to do it through a credit union for 3 to 5 percent and negotiate the best cash price at the dealer.

 

[dan8152]

That's my understanding. Odd but it is what it is. I was quoted ballpark 5 or 6% I believe. Haven't purchased yet but hoping to!
Are you replacing the L2501 or adding to the family? The XR41 series is awesome.

Hoping to replace the l2501 since I sold the belarus and need a midsize tractor

 

[Tractor Seabee]

Looks like LS has a different deal on 0/0 than Kubota. K dealers around here do not give a discount for cash. Same price either way.

Ron

 

[lostcreekranch]

You might see if Ag Direct is available to you.

AgDirect - Equipment Financing

 

[newbury]

Also check with your land bank. The Mississippi land bank makes loans on equipment.

 

[Snowman87]

Like my dealer said, there is no such thing a zero percent interest.
If you finance through LS, you will be paying a finance charge. They just move the goal posts. If you are going to finance, it’s probably best to do it through a credit union for 3 to 5 percent and negotiate the best cash price at the dealer.

My dealer said the same thing. I checked it out and their financing was 5.84% if I remember correctly. My local credit union that I bank through treats equipment the same as vehicles, so I ended up with a 3% rate.

 

[dan8152]

What about a new Belarus-MTZ tractor as a repacement ?

They are all over 100hp

 

[dan8152]

The smallest one MTZ 920 is 75 hp PTO
If large size (9,500 lb) is not an issue, the pricing will be better than most other brands 50 hp.

I wish they made a smaller tractor ! The reason I got rid of mine was a tad too big/ heavy for my softer ground. Really liked mine.