Kubota Factory Rebates

glennmac · Aug 30, 2001

I was told by a dealer today that there currently is an $800 factory rebate on Grand L tractors and a $150 rebate on the loaders, for a total of $950 in rebates. He also said the rebates and the Kubota finance charges would change tomorrow! He didnt know what the changes would be, however.

MReeter · Aug 30, 2001

Glenn,I talked with Dealer on 8/29,he was not aware of any "Factory" Rebates on the L-series.He stated that the only incentive right now was; no down payment required if you where to finance through Kubota Credit.I'm looking at delivery either 8/31 or 9/1.I don't know if the Dealer is BS'in me or if the rebate is a Regional Promotion.I plan on finding out before I right a check.Keep us up to speed. Thanks,Mike

Anonymous Poster · Aug 31, 2001

When I got my quote from a MI dealer earkier this month he told me there was an $800 rebate on the L3010 and lesser rebates on the B models.

MDNick · Aug 31, 2001

Kubota's web page describes a few finance plans. They say no down payment for a variety of interests/terms. My dealer is only quoting no down for the 7.49% rate, and requiring 15% for the other rates. Which way has everyone else had it explained?

I can rent for 5% of the tractor value (L3010DT), with the rental price going directly to the down. But if I can get 6.49% with no down, it makes the monthly out of pocket for the next few months much more agreeable.

And sor far there has been no mention of any rebate?????

Thanks,
Nick

Farmer kid usetabe, Farmer Wannabe

glennmac · Aug 31, 2001

Mike, I was being quoted on a 3710 and the rebate was in the dealer's book. As to financing, 6.5% for 60 months. He believed the rates were going down, as of 9/1, but wasnt sure. I suppose it could be regional, but the words my dealer used was factory rebate.

I wouldnt write that check until I got the story. Call your regional Kubota rep directly.

MReeter · Aug 31, 2001

Nick and Glenn,I've called 3 different Dealers in our State (Mo.) today,and none of them knew anything about a Factory Rebate.All of them did tell about the "No Down Payment" and no interest for a time frame,and all said this would change on 9/1.None of them would speculate on what the "change"would be.I'm beginning to think this Rebate is different from one State to the next,or one Region to the next.Needless to say,that L4610 was delivered today!!!! and I'm going to the Dealership tomorrow to settle up.I will tap them one more time about this Rebate,but after talking to others today,I'd say they are shootin me straight.I've also e-mailed the Kubota Web Site,but no reply as of yet.

glennmac · Sep 1, 2001

Mike, I talked another dealer here, the one from whom I have bought two tractors, and I am POSITIVE he and the other dealer are giving me the straight scoop. The discount is actually called a "settlement allowance". It is national not regional. The settlement allowances in the past have been quite small but they are currently $800 on Grand L and $150 on the loaders. In the past, settlement allowances may have been available to be passed through to customers only for cash sales or for financing under Kubota credits less favorable terms. That means, the settlement allowances may not have been available with the the most favorable interest rate terms.
The first dealer I spoke to felt sure that the allowance was available in conjunction with the 6.5% rate for 5 years; second dealer seemed less sure which rate the settlement allowance could be used in conjunction with. I also got the distinct feeling from both dealers that aall dealers may not point the settlement allowance out to customers. In other words they might give a good discount off list and keep the settlement allowance themselves. Its possible that if you say you want the settlement allowance passed through, they would then say that we must charge 3% more for the tractor, or whatever. Candidly, I never heard about settlement allowances from the two dealers I speak to until I asked pointed questions and they realized I knew what I was talking about. HMMMMMMM.

MReeter · Sep 2, 2001

Well Glenn,I'd say all Dealers are not created equally.I've been asking about Rebates and Factory incentives, not a "settlement allowance".I guess the answers I received were based upon my question (rebate or incentive).We did'nt finance through Kubota,so that might have also been a contributing factor.Salesman invoiced the sale on 9/1 and "promised" if any Rebates or the like came up for the month of Sept. they would pass this on to us.He would'nt know for sure until 9/4. We had a print out of this page with us,so he knows I'll find out what Sept. incentives has to offer.I'm not upset about not receiving an allowance or Cash back.I felt all along like the Dealer quoted us a fair price and I was happy with that from the begining.If we were beat out of $800. then I guess that's a lesson well learned.I'll have to see what Sept. brings.BTW,if you trade up to the L-Series,rebate or not,they are a great tractor.I don't think you would be disappointed.I'll try to post a picture soon,I might have the tires you would be interested in.

Joyce · Sep 3, 2001

Glenn, I was just reading through this forum, and saw that JeepGuy mentioned lesser rebates on B models. Of course, our B2910 was just delivered and now has about 2 hours on it, but do you know anything about rebates on the B models?

I will feel very sad if I missed an available rebate /w3tcompact/icons/frown.gif. Any information??

By the way, I tried mowing yesterday with the tractor out of 4 wheel drive, and I did not have the turf ripping problem, and I was mowing around approximately 40 trees. One of these days, I'll get out there and try that 'uncut circle' test and post it.

fishman · Sep 14, 2001

Anybody have any more information on these "settlement allowances"? Kubota website does not mention anything about it. The interest rates sure are attractive! Going down to look at a 7500 and 2410 at the dealer today.