Buying Advice Overwhelmed by options

[jeff9366]

Kubota Tractor Acceptance Corporation (KTAC) had a post on here recently, justifying insurance price increases for new and 1-2-3-4-5 year old tractors on the basis of higher resale/replacement costs for used Tier III tractors, which have depreciated less because of higher costs for Tier IV tractors.

My Kubota L3560 (Tier IV) increased $5,000+ in price over previous model L3540 (Tier III) but it is not an apples-to-apples comparison. The L3560 has been improved/upgraded/redesigned in many ways, including two horsepower increase, relative to L3540.

 

[akroeze]

I just spoke to a Kioti dealer. He has an open station DK40. If we do the 0% financing we can't do the free front end loader but it would be about $32k (give or take) with the loader installed.

 

[GManBart]

I just spoke to a Kioti dealer. He has an open station DK40. If we do the 0% financing we can't do the free front end loader but it would be about $32k (give or take) with the loader installed.

Wow, that's a ridiculous price! A high price here would be something like $25k.

 

[akroeze]

A case of Canadian vs. American pricing perhaps?

 

[grm61]

A case of Canadian vs. American pricing perhaps?

32kCAD is 3027 US, I dunno about pricing up there, sounds awfully high, guys in the US are paying 21 to 23 US dollars.

FYI Kioti has the free loader program going on the DKs July1 through Sept 30th 2014


Free Loader Program | Kioti Tractors

 

[grm61]

I just spoke to a Kioti dealer. He has an open station DK40. If we do the 0% financing we can't do the free front end loader but it would be about $32k (give or take) with the loader installed.

I have read that the 0 percent financing costs you more in the long run when you figure in the promotions that it excludes.
You'd have to figure it out.

 

[akroeze]

Yeah, I'll do the math but I'm getting the impression that one way or another he was going crazy high and that sets the tone doesn't it? From what I've read having a good dealer is just as important as a good tractor sometimes...

 

[MinnesotaEric]

I just spoke to a Kioti dealer. He has an open station DK40. If we do the 0% financing we can't do the free front end loader but it would be about $32k (give or take) with the loader installed.

In Canadian that price is way, way too high.

For reference, I paid $33900 US dollars for the base Cab on NX6010 and that price included the loader and 72" bucket. .

However, don't be put off by high prices when you first start. I had people quoting me 65K for Masseys, 55K for Deeres, $54k for the Kubotas I looked at too.

My point is that you should shop another dealer.

 

[grm61]

You can play with the payment calculator here Free Loader Program | Kioti Tractors

Say you paid 23000 US + your 13% canadian tax of 2990.00 = 25990 at the Kioti prefered rate of 5.5% with the free loader, 0 down for 72 months would be 424.62 per month, x 72 months= 30572.64 with finance charges, that's about 1500.00 cheaper than the 0 percent price you were quoted that nixed the free loader promotion.

From what I have read, they get their money either way, and the 0 percent costs you more.

You might want to send a PM to member kiotiken, and see who he bought from, he is in Ontario and has bought a couple Kiotis ,and from what I gather from reading between the lines, was pleased with the pricing he got.

Good Luck

 

[wolc123]

The main reason I am suggesting a newer gas tractor with good parts availability, is for the long term. I expect the bottom to fall out of the diesel engine market within the next several years. Because the Otto cycle works even better on NG than PG, a gas engine is easily converted. The supply of NG is almost unlimited in Canada and the US. That is not so with oil, which the diesel requires. If this guy wants to get his money back out of his tractor 20 or more years down the road, I definitely think gas is the way to go. The way diesel prices have gone over the last 10 years, what do you think they will be then? Compare the trend in NG. It is going to be very difficult to sell a diesel if it costs that much more to run. That fuel served us well, but it has almost run its course in my opinion. Yes he may get better dependability today out of a new diesel. He could also buy a half a dozen old gas tractors for the same money and keep his whole family working if he wanted to. If Deere and Kubota engineers are not working on NG designs right now then I am afraid they will be in for a rude awakening fairly soon. Maybe they are to busy working on the various diesel "Tier" upgrades to look that far into the future.