fried1765
Super Star Member
- Joined
- Jan 6, 2015
- Messages
- 10,086
- Tractor
- Kubota L48 TLB, Ford 1920 FEL, 8N Ford, Gravely 12 HP "Professional", 48" SCAG Liberty
Ok , well my shopping experience for a tractor has led me down a different road. I have visited Kubota, John Deere, Kioti, Massey, Mahindra, Ls, New Holland, Branson, and IH case dealerships. All of these, except for LS, had 0% down, 0% interest for 60 to 84 months. LS just had 0% down with low interest rate for 60 to 84 months. The Kioti, Mahindra and Massey dealers all spoke up and told me upfront that the 0% interest thing was a wash as I could just finance it at a low rate with a cash price and if I paid it off early then I saved money.
If you look at these 0% specials you don't get other specials like cashback, or free loader, or other gimmicks they put out there. I ran the numbers on each brand and at best I saved 8 dollars a month on one of the 0% interest offers. But if you take that route then you just paid more for the tractor upfront, meaning you just paid more in taxes and you now have more showing up on your credit.
It's a business. Nothing is free. It is all smoke and mirrors so you can't see them picking your pockets, lol. Now of course you will not see any interest being charged on your statements because there is none. You have 0% interest. They just had it figured in on the original price they gave you.
Anyways this has been a frustrating part of my tractor buying experience as I always have to ask for cash price to actually compare prices. I don't like the gimmicks these brands throw at you. Just sell me on your actual product, show me how much better it is than the other guys. Don't try to sell me on some financing scheme, or free loader scheme. I just want the best tractor for my needs. Period.
Me thinks your reasoning is the exception, rather than the rule!