Best financing options out there?

[lnmnh]

Kioti dealer here told me that Kioti financing is 0% for 84 months. It doesn't get better than that.

I got 1.49% for 84 from Case New Holland Capital.

0% APR is just interest baked into purchase price with no option to pay it off early and save on interest.

 

[Blue Mule]

0% APR is just interest baked into purchase price with no option to pay it off early and save on interest.

That makes the assumption that you're paying more than you should for the equipment. What if the equipment you're buying is priced lower than the competitors' tractors, has more standard features, AND comes with 0% financing?

I was extremely happy with the deal I got. I elected to do 1.49% for 72 instead of 0% for 60 in case times got hard but ended up paying the tractor off early anyhow.

 

[EddieWalker]

In my experience, the cheapest and easiest financing is through the dealer. Usually they have something every year that is worth waiting for. If they did it last year, they will do it again.

With my Massey, I bought when they had zero percent for 7 years.

 

[tradosaurus]

Yeah, I would never use Wells Fargo for anything. My wife's student loans were all screwed. She never new it until I started looking into consolidating, but she had for years been making extra payments every month, and not a dime went towards principal, every extra payment she made was towards interest, and there wasn't even an option to pay extra towards principal. What a scam, and taking advantage of kids going to college, she didn't have parents willing to help with tuition. As soon as I saw that I refinanced her student loans immediately. She threw away probably $7,000-$10,000 in extra payments.

Why should parents be obligated to pay for a kids college tuition. We paid nothing toward any of our kids college tuition. If they were smart they would score high on ACT to get scholarships. If not go to military and earn GI bill. I'm not sacrificing my retirement so my kids can get a degree.