Price Check John Deere unbelievable trade-in offer

bz1 · Apr 25, 2011

Got a unsolicited call from my local JD dealer today, same one I bought my 2520 from. He wanted to know if I wanted to trade my 3 year old machine for a new one. I initially said no, why eat the initial depreciation now? He said I should look at what he could offer. They offered to take my 2520 with 370 hours, my 62D mower deck, and any two implements I own and replace it with all new machinery for $500 out of pocket! I still can't believe it. When I think about the cost comparison for keeping my "old" machine it would be stupid not to take this deal, right? I have about $200 in repairs to make on my machine due to minor "accidents", I probably need a new air filter soon, I have one tire leaking that needs fixing, I'm due for an oil change, and my deck needs new blades. I figure all this will cost me nearly $500 over the next year. Plus if I do the trade I have a new machine with new warranty. Why wouldn't I do this? Anyone else run across this offer? Sounds too good to be true.

JiminGa · Apr 25, 2011

somethings funny there, no way a dealer is gonna do something without making money somewhere

beenthere · Apr 25, 2011

I'd bet it is too good to be true. But let us know how it finally works out. ..and why?

PS
Either the dealer is spoofing you, or you are spoofing us.......as I see it.

Mpking · Apr 26, 2011

That sounds waaaay to good to be true. It would be awesome if it worked out though. Good luck!

JoelD · Apr 26, 2011

Not sure what 500 out of pocket means?

Is this a cash deal?

Joel

Farmwithjunk · Apr 26, 2011

A few years ago, I got a similar "offer" from a Deere dealer near me. They talked about "low out of pocket cost", but when pushed for all the details, they'd forgot to mention the 7 years of payments that were part of their "plan".

Barry Bowen · Apr 26, 2011

That is the gotcha, the payment book starts all over again.

Thomas · Apr 26, 2011

Haven't heard deal as such in our area..hmmm.

riptides · Apr 26, 2011

Please send him my number.

I'll be all ears. I might have a pen ready if all that was involved was a mere 500 dollars out-of-pocket.

grsthegreat · Apr 26, 2011

bz1 said:
Got a unsolicited call from my local JD dealer today, same one I bought my 2520 from. He wanted to know if I wanted to trade my 3 year old machine for a new one. I initially said no, why eat the initial depreciation now? He said I should look at what he could offer. They offered to take my 2520 with 370 hours, my 62D mower deck, and any two implements I own and replace it with all new machinery for $500 out of pocket! I still can't believe it. When I think about the cost comparison for keeping my "old" machine it would be stupid not to take this deal, right? I have about $200 in repairs to make on my machine due to minor "accidents", I probably need a new air filter soon, I have one tire leaking that needs fixing, I'm due for an oil change, and my deck needs new blades. I figure all this will cost me nearly $500 over the next year. Plus if I do the trade I have a new machine with new warranty. Why wouldn't I do this? Anyone else run across this offer? Sounds too good to be true.

sorry, im a little confused. is the current equipment all paid for? or is there still a loan on it. Will they swap equipment for equipment, meaning a mower deck for mower deck, etc.

Is he simply giving you a stack of payment coupons for 5-7 years?? as far as i know JD was offering 0% financing anyways.

What is the trade in allowance hes offering for your used equipment.??