nmu98
Veteran Member
- Joined
- Jun 1, 2007
- Messages
- 1,132
- Tractor
- JD 5203, JD 3720, JD 4110, JD 445, IH 1586, IH 886, IH 404......
As long as the 3720 is on a JD dealers lot, they should be able to get you better financing than your bank can (JD credit has programs available to the dealers that you cannot get details on anywhere but the dealer). Also, depending on what year the tractor is it should still have a warranty on it, I think most of the 3x20's came with the 3 year 2000 hour offer. I would ask the dealer about these two things before making a decision. I would not hesitate on the used machine with that low of hours as long as it still has a warranty, I know several on here like buying new and would get nothing but, however, if the machine doesn't seem to be beat up (and your dealer is a reputable one) you would probably be fine buying used not to mention all the extra implements you will be able to get with the $5K in savings from the new machine.
I have an 08 3720 and it only has a 2 year warranty. I would only buy used if I had some sort of warranty on the machine for some time. 5K is not much considering you will keep this tractor for a long time and the amount would easily be made up with financing and possible resale down the road. 860 hours is a fair amount. Not for a large field tractor but for this little one, it takes a lot of the normal small property owners out of the running since they view that as a lot of hours.