I wanted to know if Kubota is bearing some of the financing costs, so I did the amortization calc. There are calculators on line that do it.
On a 50k tractor, with an 84 month loan at 6%, the interest comes out to around 11, 350. That same tractor at 84 months and 3% is around 5,500. The difference is around 5,850.
Kubota just increased the tractor price around the same price as the marginal increase in interest, around 5-6K.
So people think their getting 0%, but kubota is just increasing the price to cover the added interest expense. At the same time, they are not decreasing the price to reflect a true cash only purchase. So even people paying cash, are subsidizing the credit customer and kubota is not.