bad69bird
New member
Thinking about calling a kubota dealer tomorrow about a used 2013 mx5100 with 230ish hours on it. Any idea.what kind.d of rates I could expect on a used machine like that at 60 months
I tried to finance a used tractor and some implements 4 years ago and was told by both banks and credit unions no dice, we do not finance used stuff except cars and trucks. The dealer would only finance what they sold at 6% and 50% down. So, I bought a new one at the 0 down 0% interest. Ron
Thinking about calling a kubota dealer tomorrow about a used 2013 mx5100 with 230ish hours on it. Any idea.what kind.d of rates I could expect on a used machine like that at 60 months
I checked with Farm Bureau and they were at 5.5%. The NH dealer that I'm getting my tractor from said NH will finance used equip. The rate last week was 4.8%. As reckless with money as I am I would have reservations about tying my house up with a tractor on a equity line. Especially for hobby use. I'm getting ready to have a 6 year payment and this week I have done a lot of wondering if it's the right thing to do. But I'm gonna do it anyway and not look back. But at least I don't have to worry about the house.