Coming down to the wire!

[jwstewar]

And we are both named Jim /forums/images/graemlins/laugh.gif

 

[Soundguy]

If I read this right.. the NH is the lower interest, and the Kubota is the higher interest.

I plugged all these numbers into my amoritization program and came out with the following results.

Asumptions.

1 no down payment for either unit.
2 NH loan amount 12900.00 2.9% int
3 KUB loan amount 12000.00 5.49 % int
4 5ys ( 60 payments ) 12 payments per year


Monthly payment on the NH is 231.22, with an interest cost of 973.40 Making a final cost of 13873.20

Monthly payment on the Kub is 229.16, with an interest cost of 1749.51. Making a final cost of 13749.51

Kub has a monthly payment that is 2.06 less per month. Total diffference in price at the end of the loan term is 123.70.

Although the kub comes out 2$/month or 123$/term cheaper.. I'd like to point out that you are paying nearly twice the finance charge.

**The numbers don't add up tot he penny, due to the way the amoritization works, and depending on -when- you pay it off... a substantial down payment or extra principle payments will drastically change these numbers. in fact.. extra principle and/or a down payment will affect the kubota finance charge more than the NH charge, due to the fact taht the kubota interest rate is nearly twice that of the NH unit.

I'm not familiar with the KUB unit... Given these two choices.. I *personally* would go with NH, as I'm a ford/NH person.. but then.. that's my personal choice.

Given that these untis come out within a couple hundred bucks of eah other at the end of the loan.. I'd go smoke them over good, and test drive them. As far as price goes.. they are virtually 'equal'.. now you just need to decide what tractor you want...

Soundguy

 

[Soundguy]

With the weight and 3pt lift specs in play now.. I'm thinking the NH is perhaps the 'better' tractor... after all.. a tad more weight helps get that HP to the ground.. and more 3pt lift weight never hurt anybody! Only 123$ difference at the end of the loan..

Soundguy

 

[Bob_Skurka]

<font color="green"> Mainly using it to mow the back 40, or should I say back 20. I'd like to get a tiller for a small hobby garden and plant some stuff for the deer in the fall. No serious dirt work in the forecast, although a FEL may come along in a couple of years from now.

I don't know if this would make any noticeable difference, the 24" lift point is 300 lbs greater on the NH than the Kubota. 1600 lbs vs 1300 lbs.

</font>


Let me throw out a semi-contrarian point of view here. The tractor will be a mowing machine. For lawn mowing, with a FINISH mower I'd choose the Kubota specifically because of its lighter weight. For field mowing the TC30 might not bounce quite as much, but neither of these tractors is particularly heavy. So for field mowing I would go with the tractor that had a suspention seat, whether it was lighter or heavier overall.

For running the tiller in the hobby garden, I would choose the lighter tractor for lower soil compaction. Afterall the point of tilling is to make the soil loose. Driving over it with heavy tractor sort of defeats the purpose. But this is not a big deal breaker in my mind that really favors the lighter tractor that much more than the heavier one.

Now switching over to the FEL. The Kubota is going to use the 402 loader (same loader I use on the B2910). That loader, IF you ever decide to buy it, is a decent loader. Not a brute in any of its capacities, but it is capable and well matched to the light weight tractor. The NH would use the 7803 (I think?) loader. I believe it specs out higher than the Kubota's loader. But you are not even buying the loader now, and may consider it in the future.

 

[toddis]

Number crunching, what a headache.

I may just go for the 0% @ 36mos offered by both and put a couple of grand down. This is where Kubota is really startin' to shine, hmmm.

 

[_RaT_]

I have the 3 year 0% loan. On the 5 year, you could put more down and watch how insignificant the interest points become. I vote on the 3 year 0% loan, it just feels good and in 36 payments, your done! I have 12 left and it seems like yesterday that I got my tractor.

PS- I also think the hydro on the Kubota is hands down the winner over NH.

 

[toddis]

I'm curious about the quarter inching on the Kubota, is it a help or hindrance?

Thanks everyone for your replies.

 

[_RaT_]

"I'm curious about the quarter inching on the Kubota, is it a help or hindrance?"



I'm sorry, I don't know what that means. /forums/images/graemlins/confused.gif

 

[toddis]

The brochure say the lift on the 7800 has a quarter inching valve. the 3pt hitch lift I guess moves in segments when lifting implements.

 

[_RaT_]

I would think it means you have good control over the hydraulics, much like you would see in better controls for a backhoe.