Kubota revolving credit

[20acres]

why not 2 yrs then at 1.99? Same old question on financing.
again the question is how much can you save in 6 months to pay down early to save without having to go with flat rate.
For me 6 months is around 9K if I stick to the budget.
I would hope to do it less than 3 maybe even in 2. But I can't plan on doing it with 1.99 at 2 yrs and be stuck with a big payment the first 6 months (plan for emergency spending). Never could get ahead. If you take the flat rate cost is 17200 instead of the 16700. Payment around 5 a month then. If you fall behind pay the extra 18.00 per month (avg) over the length or as long as it takes to build back you cash flow.

I just like playing on house money and making money during a free 6 month.
Most are not comfortable doing that.
Either way do what you're comfortable with.

 

[20acres]

Snofall,
didn't give you enuff info. The tax, fees, ins. adds up to over 1.5K, so the 3 k difference is not accurate (more around 1.3K) Most would pay the extra 35.00 a month for financial security due to large debt.
Short term is always better cost wise if one can afford it. Thats the simplist way of stating it. Revolving over 2.2 years is better than 3 years flat.
CASE by CASE.

17,200+ ins,tax, etc. really brings tractor cost to around 19
800 tax 740 ins, fees liens state filing etc in VA 140.
3 yrs flat vs. 5 yrs flat at other rates is a little over 1K.
Revolving you can' figure because of varibles (how long will it really take you...realisticly and where will the rates be in 12 months.)
Good luck

 

[1945]

i used the revolving credit twice, once for 5k and got $500 off if paid in 180 days, paid it off and and sold it to upgrade, then used it for 15k got the same deal, got more 4 months to use thier money /forums/images/graemlins/grin.gif

 

[20acres]

They also have prime
-1.00 puts you at 6.5 to get the extra 500.00 plus here waiving the extra reg fees 180.00 total plus anywhere from 6-800.00 more saved off insurance on the financing. Up to you with other types of ins. once you own it.
I'm financing private at 4.49 over 48.
Should save extra 1.2K
Take the extra 90 or 180 days free if desired but if you get left holding the note remember its not 6.5 its 10.5 or 12. That gets ugly.