TYM vs Yanmar

[Torvy]

Well. Bury your head in the sand, but the vast majority of people with wealth use credit wisely.

 

[jyoutz]

Cash, Cash only. This is the WAY. The FALLACY of investing the cash and paying by month is a FALLACY. There is 10,000% more chance of you losing that job, your wife losing hers, a major health issue that has you not earning for a year, or just an accident that removes your ability to earn and you've got PAYMENTS to make. Same thing g as the idiots claiming house flipping is great, or buying multiple rentals on loans only. LIFE and Murphy have their plan too. CASH and it belongs to YOU. Not the bank.

If your cash is invested, you still have it in case of emergency. I’m not following your argument.

 

[CloverKnollFarms]

Until you need it and the market is down 20%

It's a personal choice. Personal finance and all.

I'm a 100% cash guy. I don't really care what other people do. If borrowing makes them wealthy, awesome. I just took a different road to the same outcome I suppose.

I'm sure I spend less, because seeing $50k leave my hand, is more painful than a monthly payment. Others may not, but I know it makes me, personally, a more thoughtful consumer.

 

[jyoutz]

Until you need it and the market is down 20%

It's a personal choice. Personal finance and all.

I'm a 100% cash guy. I don't really care what other people do. If borrowing makes them wealthy, awesome. I just took a different road to the same outcome I suppose.

I'm sure I spend less, because seeing $50k leave my hand, is more painful than a monthly payment. Others may not, but I know it makes me, personally, a more thoughtful consumer.

I have a 10% stop loss on my investments.

 

[CloverKnollFarms]

Cool.

 

[JTKub]

Usually with the 0% finance "carrot" ... Comes the "big stick" requirements to carry loss/damage insurance on the tractor, same as cars ... Which raises the overall cost of the purchase.

I'm debt free, If I want something and I don't have the money for it, I just keep saving until I do.

This is exactly right.

I had been shopping Kioti, LS, Mahindra and TYM sub compacts. Every one of them with the low/no interest for a zillion months deals required loss/damage insurance, plus you will pay near MSRP prices since the low interest loan is in lieu of any rebates or discounts.

I didn't even price what the insurance would cost. All I know is the $16k all-in out the door price I paid for my little TYM T224 with FEL and 54" MMM would have been $20K+ financed, not including insurance costs for the duration of the loan.

 

[Torvy]

You cannot be legally required to get THEIR insurance, you just have to be covered for the collateral on the loan...just like any other collateral based loan.

 

[Yander]

Well, to be fair, you had more chance of dying driving to work, than I did spending a week in a plane

I drive in downtown Columbus 2 days a week as a hybrid worker, and I know this is true. Roadways are worse than ever!

 

[Yander]

You cannot be legally required to get THEIR insurance, you just have to be covered for the collateral on the loan...just like any other collateral based loan.

This is accurate. I just have a rider on my home owner policy that they excepted for my Yanmar when I bought it in 2022. It was very affordable and I would have put it on the policy even if the lender didn't require it. Even if I paid cash for it I would have put it on the policy.

 

[arrow]

These Yanmar TYM's must still get that 10 year warranty, and that might get some potential TYM buyers through a Yanmar door. That's a lot of piece of mind.

Check for any pro rating.
We offer a 7 yr warranty that includes everything in an oil bath. The rest of the tractor carries 1 yr 3 pt to bucket.
As has always been the case, mechanical warranties are usually administered to the strongest parts of the machine or least likely to fail.