LastSTRAW
Silver Member
- Joined
- May 15, 2011
- Messages
- 104
- Location
- Nova Scotia
- Tractor
- Kioti DK 90, Kioti DK50SE with Cab, Ford 4610, Ford 2110, Ford 860, Hough Payloader, 1945 International Bull Dozer
My decision to pay cash for my Kioti saved me $4,000. That's almost $8,000 before tax so it would have to be a very high interest rate to make even 0% worthwhile. Right now with interest rates at historic lows, 0% is not the deal it once was. You also save sales tax on the discount which in my case would have been another $600.
You may find that paying cash is worth the discount even if you have to borrow a portion of the money privately.
You may find that paying cash is worth the discount even if you have to borrow a portion of the money privately.