McCormick July Sales Programs: 4.85%

   / McCormick July Sales Programs: 4.85% #1  

McGeesEquip

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2119 Hwy 49 South, Florence, MS
McCormick just released some new information for their July sales programs. They just lowered their 84 month program rate to an even lower rate of 4.85%

That means you can still take advantage of the free loader program and get a great finance rate of 4.85% for 84 months.:eek:

With the free loader program, for a lot of qualified customers, that means getting a new tractor with a frontend loader with $0 down and a great finance rate of 4.85%.

If the customer wishes to finance the unit for 84 months @ 4.85% that also opens the customer to finance other equipment with the tractor and loader unit also at the great rate of 4.85%.
 
   / McCormick July Sales Programs: 4.85% #2  
Is that program open to all McCormick tractors?
 
   / McCormick July Sales Programs: 4.85%
  • Thread Starter
#3  
Is that program open to all McCormick tractors?

Yes, the 4.85% financing for 84 months and the free loader is avaiable with other McCormick dealers, and it is also for all McCormick tractor units compact and ag units.

However, the dealer prices also (along with customer credit) have a lot to do with a customer getting the units with $0 down. If a dealer's sale price is much higher then other dealers then the customer may have to put some cash down.

The customer credit and the dealer's sale price will have a lot to do with "if" the customer can get the $0 down. With the free loader program, the finance company see the customer is going into the tractor unit with Equity. It's like buying a house below appraisal or costs.
 
   / McCormick July Sales Programs: 4.85%
  • Thread Starter
#4  
Let me see if I can explain this a little more. McCormick's and Agricredit financing under the 84 month for 4.85% program, is the customer can finance up to a total of 120% of dealer's net invoice's for both the tractor and loader.

If a customer's total out the door purchase is within 120% dealer net invoice for both the tractor and loader, and the customer credit is acceptable with Agricredit, then most likely the deal can be $0 down.

The invoice for the frontend loader gets settled between McCormick and the dealer's. The dealer's retail price should reflect the loader settlement.

As long as a customer's purchase is within the 120% dealer net invoices, then all gets financed at $0 down and 4.85% with approved credit.

Please talk with other McCormick dealer's to learn more if your purchase will quailify for the $0 down.
 
 
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