For me it is the easy loan availability. I can buy a new tractor with 0% interest and no money down. I can afford the monthly payment just have to conserve my cash.
Tradasaurus, I suspect that same financial reason you give is the most important reason for a lot of us.
It seems that the manufacturers have figured that out, whether it is houses, education, vacations, cars, tools, or tractors.
The good is that we can enjoy these things NOW. The bad is that we lose the "I can do it myself" attitude along with that experience and education.
Maybe we also give up a bit of our freedom too, although that's harder to say.
One really good thing about financing new things is that today we can always bail out and switch over to the world of used equipment and the "do it myself" way of doing things.
Nobody is forcing us into a single track. To me that's a major improvement in choices that's available today and didn't use to be.
The choices are available now because option of easy financing didn't use to exist before a couple of decades ago. For many, credit just wasn't available.
Back then financing was so tight that it forced a lot of people to skip on education and learn to fix used things just because there wasn't any other choice.
Now there is a choice, and that's good.....
rScotty