Visited the closest local dealer to me today. He has a 5035 HST on the lot.
It has a loader and the front bumper/grill guard on it.
I can take it out the door for $29,570 - that's total price including sales tax and rebates and they will deliver for free.
The rebate is $1,000 for the 0% for 60 months. The total added to the price for the 0% buy down is only $547 and no other financing fees involved. So while that adds to the price, it's still a lot less than what I'd pay in interest on the 4.25% financing over the life of the loan.
Other rebates include $250 military (I'm retired Air Force), and a $400 rebate for "Dealer Days".
I went ahead and filled out the credit form as this will lock me in for this price package since things will be changing come Oct 1. He says Mahindra will have a 5% price increase starting Oct 1.
I'm not intending to purchase until second week of Oct, so if by chance the changes in sales incentives coming actually end up better, I can go with that.
Sounds pretty good to me.
We also discussed the "Power Package" deal whereby they are offering a rebate if you also buy two implements. I can get the 7' HD rotary cutter and HD 7' box blade for $3,400 more and they will include that in the 0% financing. The buy down on both implements is only $68.
The plan was to get just tractor and loader and pay cash for a box blade from a different company and buy the rotary cutter next summer, but man, 0% on both those implements and a rebate (plus he takes off 10% on implements if you buy a tractor from him)....kinda hard to beat.