What's Kubota's New Promotion

[marrt]

What\'s Kubota\'s New Promotion

I hear Kubota’s low interest rates are scheduled to end this week. Anyone know if they will be continued or replaced with other rates or some other promotion?

 

[rbargeron]

Re: What\'s Kubota\'s New Promotion

As the Japanese economy tanks, wouldn't it seem Kubota would offer better and better promotions? Anybody how that works?

 

[evanjohnson]

Re: What\'s Kubota\'s New Promotion

I'm guessing this 30% steel duty (doodie) will will shift overseas manufacturers from selling raw steel in the US to selling finished steel products in the US. It should present a buyers market for tractors.

Instead of supposedly dumping raw steel in the US, overseas producers can now dump finished prouct!

Thank you George W.

Regards,
John

 

[frank_f15]

Re: What\'s Kubota\'s New Promotion

don't know for sure, but i would imagine it would be replaced with a new promotion. always seems to be the case.

 

[PowerMax]

Re: What\'s Kubota\'s New Promotion

I was at my local Kubota dealer's on Friday, and he expects a new rebate to start April 1st. He mentioned that it was expected to be something similar to the incentives (rebates) offered last fall. I'm not sure how much those incentives were. The dealer is to call me on Monday with the latest information and to finalize the deal for my new 2910. I'll let you know what I find out.

Jeff

 

[JeremyL]

Re: What\'s Kubota\'s New Promotion

Here is the GOOD news:

http://www.kubota.com/rebate.cfm

 

[kofronj]

Re: What\'s Kubota\'s New Promotion

Yup, but the bad news is the interest rates have gone up:

Old rates:

36 Months .. 3.99 %
48 Months .. 4.49 %
60 Months .. 5.49 %
72 Months (M Series only).. 5.99%


New:

24 Months 3.99% A.P.R.
36 Months 4.49% A.P.R.
48 Months 5.49% A.P.R.
60 Months 6.49% A.P.R.
72 Months 6.99% A.P.R.


It'll be interesting to see what happens for me---I've got a BX coming this week. I'm assuming because they ran the paperwork through last week, I'll still get the old rate (that's my story, and I'm sticking with it...). And there are no rebates for the BX series, so there's no compensation for taking a new rate.

 

[Turfman]

Re: What\'s Kubota\'s New Promotion

Well, the accountants at Kubota have added it all up. Give a rebate and raise the interest. I haven't added it up, but I'll bet if you finance through them the bottom line will be about the same.

Kevin

 

[marrt]

Re: What\'s Kubota\'s New Promotion

Actually, this is good news. As an example, if you were buying an L3010 and financing $20,000 for 5 years at 5.49%, your cumulative payments would have been $22,916 with a payment of $382 per month (simple interest). However, IF you can now take a $1400 rebate on an L3010 and finance $18,600 for 5 years at 6.49%, your cumulative payments would be $21,831 with a payment of $364 per month, a difference of $1085 in cumulative payments.

This assumes, however, that there were no rebates or dealer incentives in the original quote. If so, you may only get the net difference in the new quote and not be able to take advantage of the entire rebate. For example, if Kubota was previously offering a $1000 dealer incentive on the L3010, and this number was factored into your original quote, then you would probably only get to take advantage of the $400 difference (using the new $1400 rebate on the L3010). Clear as mud?

 

[Turfman]

Re: What\'s Kubota\'s New Promotion

Thanks for the information. I was too simple in my assumption. I appreciate you doing the figures. Makes me wish I'd waited a month to make my purchase.

Thanks,
Kevin