Racer
New member
Does Century have any plans to come out with 0% financing in the near future? I am really impressed with the specs on the 2535 and would consider purchasing one if they had better financing.
Dealer Century financing
- Thread starter Racer
- Start date
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DavesTractor
Elite Member
Branson has 0% right now for 24 months, 2.99% for 36 months and so on. I'm not sure about Century. Chipperman can chip in and let us know.
Chipperman
Platinum Member
Hello
We already have it. 0% for 12 months up to 6.5% for 60 months or Cash back. What made you think they did not have "better" finacing?
Chipperman
We already have it. 0% for 12 months up to 6.5% for 60 months or Cash back. What made you think they did not have "better" finacing?
Chipperman
SHIFTY
Gold Member
I believe that Century also just came out with 72 months in the mid 6's
Chipperman
Platinum Member
Racer
Is the interest rate so important or the amount of the actual payment? There is no magic. If someone is offering low (or lower) rate financing somewhere it has to be figured into the price. Some mfg offer cash back if you do not use the financing some don’t. I think when comparing tractors and their monthly payments you will find Century to be very attractive. As for Branson, again when comparing actual payments I think you will find Century to be very competitive regardless of rate.
.
Chipperman
PS: Right now Century has 0% for 12 month up to 6.5% for 72 months
Is the interest rate so important or the amount of the actual payment? There is no magic. If someone is offering low (or lower) rate financing somewhere it has to be figured into the price. Some mfg offer cash back if you do not use the financing some don’t. I think when comparing tractors and their monthly payments you will find Century to be very attractive. As for Branson, again when comparing actual payments I think you will find Century to be very competitive regardless of rate.
.
Chipperman
PS: Right now Century has 0% for 12 month up to 6.5% for 72 months
lamarbur
Gold Member
You hit it right on the nose. For most, me included, it is the amount of the monthly payment that distates a buy or not, regardless of the interest on that payment.
Chipperman that is not a simple question. I would be willing to pay a bit more monthly if I could get 0%. I would much rather not have to pay interest whenever possible. The montly payment is important, but being able to use the companys money for free is also very attractive.
If 0% is factored into price, then how does Kioti offer 0/36 and still keep the price of their units so low?
If 0% is factored into price, then how does Kioti offer 0/36 and still keep the price of their units so low?
EFC
Veteran Member
It is always factored into the price. Money is never free.
Chipperman
Platinum Member
Racer,
As I mentioned before, yes some mfg have cash back in lieu of financing. Century does have cash back in lieu of financing. I cannot speak for other mfg.
All mfg/dealers operate differently. One may use a different profit margin then another. As well as one may have a different cost then the other. All I'm trying to say is if you are comfortable with the dealer and the price/payment than how you got there should not be as important.
Hope that helps.
Chipperman
As I mentioned before, yes some mfg have cash back in lieu of financing. Century does have cash back in lieu of financing. I cannot speak for other mfg.
All mfg/dealers operate differently. One may use a different profit margin then another. As well as one may have a different cost then the other. All I'm trying to say is if you are comfortable with the dealer and the price/payment than how you got there should not be as important.
Hope that helps.
Chipperman
Chipperman I understand the game a bit. I like the century's a lot. I think the 2535 with the c-50 matches up well against the others. With that said, I dont know enough about this to say I am comfortable with any dealer. I am shopping on price and financing mostly. If you have a dealer you would HIGHLY recommend, I would go see them.
SHIFTY
Gold Member
Contact me privately for a fair deal on a new Century If I am not too far away,I am In CT. 06471
SHIFTY
Gold Member
Just returned from a delivery,I ll check in a few
19th_VA
Gold Member
This not always true. If a company needs sales volume badly enough, for whatever reason (stock, profits, short term cash), they would be willing to offer incentives, whether they be rebates, financing, etc. Interest is cheao now, so the cost is not high. However, if a company needs the sales volumen more than the margin, they will give things away.
EFC
Veteran Member
As a dealer that has friends that are dealers (big three) I get the great opportunity to sit in on sales meetings. Part of the next year’s sales is the financing pitch. They teach it to you like it is the very air you breathe. The hard part is that it is as crooked as a rope. I have learned how to sell an item at 0% and earn 8%. I learned how to load interest up front and what the credit scores need to look like to qualify for the various interest rates. I also learned that only 2% of buyers qualify for a % rate better than there credit union can offer. I agree that companies will loose a little money for a while to get started or to stay up and running but that is more rare than you might think. I asked the JD accountant in class what 2+2 was and he answered "what do you want it to be".
