Looking for tractor to maintain 8.5 acres in NH

IslandTractor · Mar 16, 2016

This seems a bit cheap to me so scam is possible but the tractor would be about right for what OP needs to do: Kubota B263 4x4 loader

airbiscuit · Mar 17, 2016

Forget a SCUT, you can get things done much faster with this tractor (operator not included).

traktor racing volvo terror - YouTube

brasco426 · Mar 17, 2016

airbiscuit said:
Forget a SCUT, you can get things done much faster with this tractor (operator not included).

traktor racing volvo terror - YouTube

WHOA

I'm thinking of the possibilities....... LOL

varmint · Mar 18, 2016

That traktor video has been around for several years... I imagine that the operator is dead by now. That Craig's List B2630 does look interesting. Hopefully, there's a way to see if it is a valid sale item?

pedzola · Mar 20, 2016

Visited Mahindra again this weekend. Checked out the max 26xl. The pedal layout is not ideal. The loader capacity though is better than anything else in the price range.

Was surprised at all the financing "options." Options in quotes because I think its dishonest the way they advertise it. The price of the tractor increases for every financing option. Rather than just tell you they are charging 6% interest, they add the interest cost to the base price and then tell you the financing is 0%.

After building the house I am not going to be able to make a cash purchase, so financing will be key. Seems rediculous to have to pay 6% on a loan right now but thats where I'm at with both Mahindra and LS. Kubota guy quoted me a price and said there is 0% financing, which I took to mean it was available at the quoted price, but I guess I'll have to follow up and clarify.

Arent there any 3rd party financing options for tractors? I couldnt find anything. Can get a car loan for 2% anywhere, why nothing for tractors? 6% sucks.

Lastly I emailed the Yanmar dealer on the 424 - seems equivalent to the others im looking at except no locking differential which seems to be a really basic exclusion. Also emailed JD dealer on 2025r. Again, seems like a competitor so i might as well get a quote and check it out.

AxleHub · Mar 20, 2016

pedzola said:
Arent there any 3rd party financing options for tractors? I couldnt find anything. Can get a car loan for 2% anywhere, why nothing for tractors? 6% sucks.

Lastly I emailed the Yanmar dealer on the 424 - seems equivalent to the others im looking at except no locking differential which seems to be a really basic exclusion. Also emailed JD dealer on 2025r. Again, seems like a competitor so i might as well get a quote and check it out.

Pedzola, as I've mentioned in past posts . . . Massey has the 0% . . . And then has a "cash price". You can get the cash price and then agco has about 5 financing options that go from 24 months to 72 or 84 months. You can get interest rates from 2% to about 4% depending on length chosen . .. and I also mentioned about their excelkent insurance program previously too.

IslandTractor · Mar 20, 2016

All zero percent interest deals are BS. All the companies do it. The costs are just added to the sales price. Best to negotiate a cash price and arrange financing through a credit union or local bank.

jaydee325 · Mar 20, 2016

IslandTractor said:
All zero percent interest deals are BS. All the companies do it. The costs are just added to the sales price. Best to negotiate a cash price and arrange financing through a credit union or local bank.

There are exceptions, probably dependent on dealer.

In the spring of 2013 I was shopping for a tractor. Deere dealer gave me a price and said 0% financing was available. I asked what the cash price was. Reply was "the same"! Still scratching my head over that one.

Ended up being a mute point as Deere could not deliver the tractor I wanted when I wanted it. Ended up with something else.

IslandTractor · Mar 20, 2016

jaydee325 said:
There are exceptions, probably dependent on dealer. In the spring of 2013 I was shopping for a tractor. Deere dealer gave me a price and said 0% financing was available. I asked what the cash price was. Reply was "the same"! Still scratching my head over that one. Ended up being a mute point as Deere could not deliver the tractor I wanted when I wanted it. Ended up with something else.

There is no free lunch. No bank or dealer can "buy" money at zero percent to pass such a loan on to you. Zero percent financing is 1000% BS. They just shift the cost by upping the sales price.

AxleHub · Mar 20, 2016

IslandTractor said:
There is no free lunch. No bank or dealer can "buy" money at zero percent to pass such a loan on to you. Zero percent financing is 1000% BS. They just shift the cost by upping the sales price.

If you are one of the big banks you can borrow money from the Fed at less than .5% (that is one half of one percent) . . . Then that same entity can buy guaranteef federal gov't bonds from the fed that pay 2.5% to 3.25%. If you are part of the big players . . Not only is there a free lunch, but they actually pay the big players to eat it.

By the way . . the big players can use the borrowed money in other ways besides buying the guaranteed gov't bonds. And depositors like you and i are getting 0.1 and 0.15% interest if we have qualifying sized deposits