Recent price for a 4707

[EddieWalker]

I'm leaning towards buying an older, pre Tier4 cabbed tractor, but if I was to buy new, I think that the 4707 is probably the best one out there right now for what I want to do. In other threads, I've read that they paid around $50,000 for their tractors. A few spent a little less, a few spent a little more with a few more options.

What are they going for today?

Has anybody dealt with Bruno's recently? they are 4 hours from me and their website says that they have four of them.

What about the 84 months zero percent financing? Any experience with it? Any surprises like Kubota does by forcing you to buy insurance for it as long as its financed?

Thank you

 

[Boss 302]

I know that insurance is required if you finance it through their sources also the 84 month zero finance is going to cost you about 5K over a cash deal.

 

[W5FL]

Hi Eddie.

I would go there and look at their stock.

I have talked to them recently and they said they had none in stock, but have several on order.

Quotes have been closer to $55-$60K from those who had none in stock, either.

Good luck and keep us posted.

 

[Wobblin-Goblin]

About five weeks ago I bought a 2021 4707. Paid about $61,000 after taxes and stuff.

Options: FL3615 loader, deluxe cab with Visio roof, wheel weights.

If you're buying new, I can't think of anything comparable to this tractor. If it has longevity, it will have been a grand slam for MF. The fact that they've been out around four years or so and they haven't been falling apart all over the country is good news.

 

[EddieWalker]

Congrats on the new tractor. Did you finance it through them for 84 months at zero percent interest? That offer is tempting me.

 

[Wobblin-Goblin]

I traded in my '13 MF1643 (amounted to a decent down payment) and then took the cash price and financed it through them for 36 months (at their lowest rate, somewhere around 4%).

 

[EddieWalker]

I just came across this 4707 on TractorHouse.com Seems to confirm what they are selling for brand new. https://www.tractorhouse.com/listings/farm-equipment/for-sale/209387085/2021-massey-ferguson-4707

 

[mhuntsn]

I'm leaning towards buying an older, pre Tier4 cabbed tractor, but if I was to buy new, I think that the 4707 is probably the best one out there right now for what I want to do. In other threads, I've read that they paid around $50,000 for their tractors. A few spent a little less, a few spent a little more with a few more options.

What are they going for today?

Has anybody dealt with Bruno's recently? they are 4 hours from me and their website says that they have four of them.

What about the 84 months zero percent financing? Any experience with it? Any surprises like Kubota does by forcing you to buy insurance for it as long as its financed?

Thank you

Standard tire size, 931x, air ride seat, dyna 2. Their website isn’t accurate. It showed them tractors in stock when I had to wait on mine to show up. I do think you can’t beat the price though

 

[EddieWalker]

Thank you. Was this a 4x4 tractor with a loader?

 

[mhuntsn]

Thank you. Was this a 4x4 tractor with a loader?

 

[EddieWalker]

Very nice!!!! Thank you for the picture. You have me thinking hard about buying new.

 

[mhuntsn]

Very nice!!!! Thank you for the picture. You have me thinking hard about buying new.

And I financed with Wells Fargo. I put the pencil to it I was better off paying a low interest rate at the cash price vs the 0% agco price. 0% is not really 0 when the tractor cost more

 

[EddieWalker]

How much more did they want if you financed with them?

 

[mhuntsn]

How much more did they want if you financed with them?

I can’t remember exactly it was like 5-6k more to get 0%

 

[Wobblin-Goblin]

I did the same thing: paid the "cash" price and then financed it with a low rate.

 

[Boss 302]

Yup, it will cost you between 5 and 6k to go with their zero percent financing. I don't call that free money and I expect zero percent to be just that....zero percent

 

[mhuntsn]

Another thing that think about is a radio is not standard. The speakers are and it’s all pre wired. I got them to add a radio on the deal.

 

[Boss 302]

Heck, I find it a whole lot better to you tube your favorite hits on your phone and get you one of those Blue Tooth speakers and pair it to your phone. Life is good

 

[mhuntsn]

Heck, I find it a whole lot better to you tube your favorite hits on your phone and get you one of those Blue Tooth speakers and pair it to your phone. Life is good

The radio I have is Bluetooth and has hands free phone built in. That’s handy when I get a call when I’m doing loader work.

 

[EddieWalker]

Thank you to everyone for the replies and sharing what your costs where. I talked to my local dealer and he started out at $65,000 for the 4707. I told him that Bruno's was quite a bit less and with free delivery, that would be a better choice for me. He told me that he could work on that price and add some discounts to bring it down to where he would be competitive with Bruno's.

His price is now at $51,532 cash or $55,328 if financed through MF. Breakdown on payments with zero down are $922 a month for 60 months or $659 a month for 84 months. When comparing to a bank loan, the numbers I have are 60 months at 4.79% for $968 a month or for 84 months, it's 5.24% for $734 a month.

I'm thinking about this and trying to decide if I want a brand new tractor for that much money, or something older for $20 grand less. In my opinion, the Massey Ferguson 4707 is probably the best brand new choice out there in that HP range.

Two things that have me thinking about moving forward on this tractor is that I expect the prices to increase next year. Everything is getting more expensive with inflation and inventory being so bad. The other thing is that I have no idea when one will become available. The dealer is out of stock and says that he has a few coming in in late January, or mid April. If I put in the purchase order now, I'm in line for what comes in, when it comes in. It might be just a typical dealer pressure tactic, but for some reason, I sort of think that there really might be issues getting delivery of a new tractor, and I believe that prices really are going to go up quite a bit. I just saw a price for a brand new Ford Bronco at $110,000 from our local dealer that a friend was interested in. It's just a matter of time until buying new is not going to be an option for me. But it's still a lot of money for something that I will probably only use a few times a month.