Horse farm needs tractor

[arrow]

I've never financed a tractor, so maybe I'm missing something obvious, but that doesn't seem like a very good deal. At least with autos, you usually get a discounted price if you're willing to finance, versus paying cash. I usually pay cash for my autos (as well as my tractors), but I've financed at least two or three cars in the past, just because the dealer could offer me a better deal with financing. They only ask that I wait until the third payment cycle to pay it off, or else they (the dealer) gets in trouble with the financing company.

I'm assuming most tractor companies handle their own financing, just like Chrysler Capital or Ford Motor Credit Company, as that's where the money is to be made. They're making as much (usually more) money off people financing through them, than actually in manufacturing and selling vehicles, and so it's normal to offer discounts below cash price, if you use their financing.

In house companies are usually competitive w bank rates or around 3.9% as it applies to traditional financing and no, they are not making more money w financing as opposed to the sale itself by a long shot.
Tractor sales are not structured as car sales would be.
There is no floor planning or kickbacks with Mahindra and seemingly others as well considering conversations l’ve had w other tractor dealerships. The number of units bought are substantially less.

 

[arrow]

Now I've got two questions... One, I didn't understand what cash price with tradtional financing was...but it probably just means what it implies. Cash price and he expects to hold that price with tradtional fiancing.
So my first question is, "What would non-tradtional financing be?"

And question two, how near is near? My shop sends the mechanic out. I pay for his driving time. It's about fifty miles one way. He brings their service truck. That is cost effective for everyone.

rScotty

Your first question is answered in another post but basically you are providing the dealer with all the money for the product and is considered “cash sale”. Where you got that money is up to you.
Your second one is pertinent to the purchaser.
We also go out for simple fixes but that is not always possible. We would not go to your place to split your unit.
My personal limit would be a 50 mile radius.
People out west might travel that for an ice cream cone.

 

[rScotty]

I got curious and went back through the thread to see how many positive recommendations for specific Brand and HP. Tried not to count repeat opinions.... but it's subjective.

The brand recommendation didn't surprise me. The HP did.

Brand Make: Kubota has 11 recommendations. The clear favorite.
Kioti and TYM tied at 4 each.
Bobcat, Mahindra, MF, NH, Branson, Yanmar are all at 2 or 3.
LS has one, Zetor, Summit, & several other decent tractors none...

HP: 3 people thought 25 hp was fine. 2 thought it needed to be at least 35, 9 said 40 or more.

Now I'm one of those who said 25 hp was fine.Here is why: It's a horse farm. I've been around horses all my life. Most of the work is either in a barn, next to a barn, through gates, or in a tight corral or round pen or exercise area. You do as much fencing as mowing - and more on/off the tractor hand and shovel work than either.
What counts most for that work is a small hand tractor that will work accurately at low RPM in close quarters. Abiity to maneuver and work up close are important. 1000 lbs of lift is plenty. A small loader tractor is fine.
Shucks, for a horse farm chore tractor 25Hp is about as BIG as I would want. They already have a larger tractor.

rScotty

 

[arrow]

I got curious and went back through the thread to see how many positive recommendations for specific Brand and HP. Tried not to count repeat opinions.... but it's subjective.

The brand recommendation didn't surprise me. The HP did.

Brand Make: Kubota has 11 recommendations. The clear favorite.
Kioti and TYM tied at 4 each.
Bobcat, Mahindra, MF, NH, Branson, Yanmar are all at 2 or 3.
LS has one, Zetor, Summit, & several other decent tractors none...

HP: 3 people thought 25 hp was fine. 2 thought it needed to be at least 35, 9 said 40 or more.

Now I'm one of those who said 25 hp was fine.Here is why: It's a horse farm. I've been around horses all my life. Most of the work is either in a barn, next to a barn, through gates, or in a tight corral or round pen or exercise area. You do as much fencing as mowing - and more on/off the tractor hand and shovel work than either.
What counts most for that work is a small hand tractor that will work accurately at low RPM in close quarters. Abiity to maneuver and work up close are important. 1000 lbs of lift is plenty. A small loader tractor is fine.
Shucks, for a horse farm chore tractor 25Hp is about as BIG as I would want. They already have a larger tractor.

rScotty

I think much has to do w acreage.
l had horses on a 5 acre property and for years made do w a JD 750.
On my bils horse farm in Kentucky, one of several paddocks is 5 acres.
He needs something larger in the 40-50 hp range for this size spread, and l only mention hp as it relates to frame size.

 

[WinterDeere]

HP: 3 people thought 25 hp was fine. 2 thought it needed to be at least 35, 9 said 40 or more.

Most horse owners seem to be pretty happy with 1 to 3 horsepower. Literally.

 

[rScotty]

I think much has to do w acreage.
l had horses on a 5 acre property and for years made do w a JD 750.
On my bils horse farm in Kentucky, one of several paddocks is 5 acres.
He needs something larger in the 40-50 hp range for this size spread, and l only mention hp as it relates to frame size.

The JD750 is manual shift, substantially smaller than The L2501, and with half the lift capability. Power steering was a rarely ordered option. I hope yours had it. Yet I bet it was still as handy as a pocket. I remember when they came first came out. What a lot of debate that caused!!
The JD650 through 1050 models were JD's first attempts at branding rather than manufacturing. As an owner, did you consider it to be a Yanmar or a JD?

Wouldn't surprise me if your BIL has something that size too. After all, his paddocks might be as big as a pasture, but horses still fit in the same size stall. And people work and train them the same . Mostly in confined small area - a pen, not a turnout.

Yes, frame size counts. HP is mostly for deeper & faster crop work. Old Ag tractors - not utiltiy tractors, but Ag tractors - like the old JDs, Farmalls, and Masseys had relatively small HP in a huge heavy frame. They could handle big implements and loaders....but slowly.

rScotty

 

[Horsetime]

If is of any help, l asked the owner of the Mahindra dealership l work at how much a new 1626 would cost out the door which includes the 6.75 % sales tax.
His pricing came to 24k on the nose. This was a cash price with traditionl financing.
Since every dealership pays the same for their tractors, you should be able to get the same deal or better at one of the multiple Mahindra dealers in Indy.
This is alot of tractor, made in Japan, for the money having weight and substantial lift capacity in its class and will do all of your tasks easily.

There is one main and important caveat in my mind:
you should live near an established Mahindra dealership.

We do leave nearish a Mahindra dealership. They have the 1626 for $27,999 for 0 percent financing for 84 months 10% down.

 

[tacticalturnip]

We do leave nearish a Mahindra dealership. They have the 1626 for $27,999 for 0 percent financing for 84 months 10% down.

That's a Mitsubishi produced machine, and they're quite well regarded.

 

[woolyAcres]

We do leave nearish a Mahindra dealership. They have the 1626 for $27,999 for 0 percent financing for 84 months 10% down.

You might check TYM, Kioti, and Bobcat if you have decent delears nearby. I see Bobcat website still has the CT2025 HST listed at $20,700 with 'free' loader.

 

[WinterDeere]

The JD750 is manual shift, substantially smaller than The L2501, and with half the lift capability. Power steering was a rarely ordered option. I hope yours had it. Yet I bet it was still as handy as a pocket. I remember when they came first came out. What a lot of debate that caused!!

I inherited a JD750 4WD ("MFWD") with manual steering and a big Johnson FEL. My shoulders and elbows still ache every time I remember that rig. Stout little machine, but my God... miserable to maneuver in any tight space with a load in the bucket.

 

[sd455dan]

I think I'm allowing the same bucket weight on all the loaders: 200 lbs. Actually, that seemed conservative to me, and didn't include the weight of an SSQA.

I still think that what matters most is the lift capacity from the ground to chest height. And also the bucket breakout - which is a spec mostly based on dollars since it is whether the bucket cylinder is working the bucket directly or through a more expensive linkage.
I don't see where "lift to full height" is useful for much other than advertising fluff.

And anyway, I don't think maximizing lift matters as much as something like a good quality control valve because it so often it makes sense to pick up less and just make an extra trip.
YMMV, but that's how I see it.
rScotty

Well it was useful for me when they sent a trailer to pick about 20 3 x 4 x 8 hay bales
that they did not realize were wet until after checking with a moisture meter.

Glad my FEL could stack 2 high on a standard 5 foot tall semi trailer. Otherwise they would have to have roaded their M111 over about 4 miles then back.

Likely in the minority here but I would be looking for a good well cared for 80's to early 2000's MFWD utility tractor with FEL.

 

[arrow]

We do leave nearish a Mahindra dealership. They have the 1626 for $27,999 for 0 percent financing for 84 months 10% down.

That’s more than a 5 grand difference between what you can buy the tractor for as opposed to what you can finance so it makes me think what else is included w their tractors.
0% is not always the panacea some think It as.

Still l’d calculate what this same tractor would cost you at your local bank or credit union or even the dealership say at 3.9% for 60 but do not finance the sales tax.
You’re looking at about a $22,500 purchase price if here.
l don’t know what Indy has for sales tax.
If we could sell it for $22,500, so could your dealership if they want.

 

[arrow]

You might check TYM, Kioti, and Bobcat if you have decent delears nearby. I see Bobcat website still has the CT2025 HST listed at $20,700 with 'free' loader.

That’s a good deal for what you’re getting.
If that price includes the financing, it would be a no brainer for me.
Hope he has a dealership in his vicinity willing to do that promotion.

 

[arrow]

I inherited a JD750 4WD ("MFWD") with manual steering and a big Johnson FEL. My shoulders and elbows still ache every time I remember that rig. Stout little machine, but my God... miserable to maneuver in any tight space with a load in the bucket.

Power steering was next to essential w that rig.
Fortunately, mine had it.

 

[arrow]

The JD750 is manual shift, substantially smaller than The L2501, and with half the lift capability. Power steering was a rarely ordered option. I hope yours had it. Yet I bet it was still as handy as a pocket. I remember when they came first came out. What a lot of debate that caused!!
The JD650 through 1050 models were JD's first attempts at branding rather than manufacturing. As an owner, did you consider it to be a Yanmar or a JD?

Wouldn't surprise me if your BIL has something that size too. After all, his paddocks might be as big as a pasture, but horses still fit in the same size stall. And people work and train them the same . Mostly in confined small area - a pen, not a turnout.

Yes, frame size counts. HP is mostly for deeper & faster crop work. Old Ag tractors - not utiltiy tractors, but Ag tractors - like the old JDs, Farmalls, and Masseys had relatively small HP in a huge heavy frame. They could handle big implements and loaders....but slowly.

rScotty

No, the bil has a 2wd 5000 series JD and a Kubota Mx 5 something. 4wd.

 

[woolyAcres]

If that Bobcat pricing is accurate (I have no idea if it is) it would a good comparison to the Mahindra. If the OP has both nearby I'd absolutely recommend seeing both in person, sitting on them, testing them out. Although a good machine the CT2025 has some things I don't care for. Would be wise to operate each to see which one they could live with.

I'd also recommend looking at one of the more 'established' brands JD and Kubota in particular. They may be well out of the budget but no point in assuming. Besides it would give you a chance to compare ergonomics and smoothness of operation. You may decided the added cost (if it exists) is or is not worth it. At least you'd know. Making your decision as informed as you can be to avoid future second-guessing if that's something you suffer from.

When I bought my RX7320 Cab I really wanted the MF4707. I just couldn't afford it and turns out I've been just fine. And the $15K in savings has allowed me to do a number of other things (except add a buddy seat to my RX .

 

[rScotty]

No, the bil has a 2wd 5000 series JD and a Kubota Mx 5 something. 4wd.

Something seems missing from that picture.
Why would a person who has a series of 5 acre paddocks for his horses condemn himself to cleaning barn & stalls with a shovel and wheelbarrow ?
rScotty

 

[arrow]

Something seems missing from that picture.
Why would a person who has a series of 5 acre paddocks for his horses condemn himself to cleaning barn & stalls with a shovel and wheelbarrow ?
rS

Good observation.
He has a birthing farm where 6 figure thorough breds check in.
The new born come in at night w their mares.
Lots of coyotes where he is.

 

[WinterDeere]

Power steering was next to essential w that rig.
Fortunately, mine had it.

And that’s exclactly why I traded it for an 855. Well, that and the removable loader.

 

[WM75Guy]

Something seems missing from that picture.
Why would a person who has a series of 5 acre paddocks for his horses condemn himself to cleaning barn & stalls with a shovel and wheelbarrow ?
rScotty

I understand it. Depends on what you do with your horses and how much you pay for them. English dressage horses can easily cost $50,000 to $100,000, so you protect your investment. Our stalls are 12' X 12' with 2 4' doors, one to the 12' aisle and one to the 1-acre paddock. Each has a threshold. They have crushed rock base with a layer of sand covering it, and then the stall is covered with a rubber mat. We put shavings on the mats. Every day you go in and clean the stall with a manure fork and muck bucket. If the shavings get low, you add more. The buckets get dumped into the manure spreader.

There is no way to use a tractor to clean stalls. And during cold or inclement weather the horses may be in the stall for days in a row.