% off JD tractors using their 0% for 36 mo deal?

[Ramairfreak98ss]

I know some dealers with other finance incentives cant lower the price as much if you dont pay cash, the price they must pay is 1-3% if it is financed with the 0% deals.. Is this true for JD dealers too?

 

[BCNU]

Tractors, im sure are just like cars,all deals are cash to the dealer whether you pay them the cash or the bank pays them. They still make the same amount of money.

 

[CurlyDave]

Well, I bought mine at the end of 2005, to get it into 2005 tax year and got 2 years @ 0%.

3 years @ 0% sounds better to me...

 

[HillbillyFarmer]

In Dec., JD Credit was:
12 months - 0%
36 months - 3.2%

 

[MessickFarmEqu]

</font><font color="blue" class="small">( Tractors, im sure are just like cars,all deals are cash to the dealer whether you pay them the cash or the bank pays them. They still make the same amount of money. )</font>

This is not always corret. Its very common to be charged when dealing with any small company who offers financing. It does happen with the majors as well, and I expect with rising rates is going to be more common in the near future.

 

[755inNY]

<font color="blue"> Tractors, im sure are just like cars,all deals are cash to the dealer whether you pay them the cash or the bank pays them. They still make the same amount of money.
</font>

In this case it is not the bank providing the cash, it is JD. I was told by my dealer that JD's 0% finance offer required the dealer to kick in something. I still got a great deal though.

Jeff

 

[2nstonge]

When I made the deal on mine 18 months ago the dealer & I worked out a price, then I told him I wanted to run it thru JD finance for the 1.9% deal. He made no bones that it cost him "a couple of points to run it thru JD".

-Norm

 

[johndeere_2210]

If you choose the 36 months, 0% this is what the dealer is charged for Option 3 on financing, see below. What this means is 1% of the amount financed is charged to the dealer against that sale, so on a $20,000 finance, he/she will be hit with a $200 fee. These fees can range from nothing to as much as 2%, perhaps a bit higher, but I'm unaware of them.

Option 3: 0% fixed/36 months, Installment Plan
10% down, 1% dealer participation
personal and commercial use
qualified customers only

 

[Ramairfreak98ss]

</font><font color="blue" class="small">( If you choose the 36 months, 0% this is what the dealer is charged for Option 3 on financing, see below. What this means is 1% of the amount financed is charged to the dealer against that sale, so on a $20,000 finance, he/she will be hit with a $200 fee. These fees can range from nothing to as much as 2%, perhaps a bit higher, but I'm unaware of them.

Option 3: 0% fixed/36 months, Installment Plan
10% down, 1% dealer participation
personal and commercial use
qualified customers only
)</font>

Thanks! How do you know if your qualified customer or not? I mean you can only apply for their standard credit? if i dont get the 0% deal like ive gotten on Simplicity equiptment for lawns the past couple years i wont bother doing everything else.

 

[johndeere_2210]

You need to go into the dealer and if they are on a quick Internet connection, you will know within 30-minutes or less.