M5040 purchase thoughts

Bob_Young · Apr 13, 2008

jrl@nf.sympatico.ca said:
I don't believe those are bad quotes for that tractor. I finally have a firm quote on a new 4WD M7040 with cab, AC/DC(I mean heat), two remotes, FEL, full tank of gas for around $44,000.00 with 0% financing for four years. I also got a quote from New Holland for a T4000 series tractor in the same HP range. The guy hardly wanted to even quote me. I also looked and got a quote for a JD which was quite a bit higher than Kubota.
Mainly I will use the tractor for harvesting about 40 acres of hay but also for moving piles of manure and pulling wind downed trees either up or down the hills so I can cut them up.

Geez, jrl, $44K for an M7040 cab!? I guess $28K for an M5040 wouldn't look bad. A few months prior I asked for a quote on a cab M7040 4WD w/hydraulic reverser that was on the lot. Wanted to compare with the price of a used M7040 I'd found on the web. The same place quoted $35K for the new M7040.

It was more than I needed/wanted to spend so passed it up. If I'd known they were $44K tractors, I'd have jumped on the new one. Prices must be different where you are.

Dove Hunter: I ended up opting for an MX5000 4WD with FEL that had been on the lot awhile. It's been replaced by the MX5100 and they wanted to move it. Paid $22.2K for tractor w/852 loader, 2 rear remotes, filled rears, bucket hooks, and a block heater. When I looked hard at my needs, I really didn't need any more tractor.
Bob

Dove Hunter · Apr 14, 2008

If I could get a quote like Conn, I wouldn't have to think about it! But until I get a little better quote, I'll continue to wait and build some more funds.

Conn · Apr 14, 2008

So in other words, if I'm chewing on this purchase, I need to go ahead and swallow it! I didn't make it to the dealer this morning, but will have some time at the end of the day. The payments are easy, the downpayment is what's killing me. I have to shell out a bit more than the JD I quoted on the down payment ($800), but I think I'm getting a heck of a lot more tractor for the money. It won't break me by any means, but it knocks quite a bit out of my farm fund. Fertilizer isn't going to be cheap this year.