Comparison Choices, Choices, Too Many Choices

[tjkubota93]

The money .....

If I buy either new or used from a dealer, the financing is easier, but they collect sales tax.

If I buy used from a private individual, they don't collect the sales tax, but you have to finance yourself. Third party financing from a credit union or bank can be more difficult and expensive. Local CU wants 20% down and 10% interest for example.

I could pull the entire amount from a retirement account, but there is a 20% tax witholding. I'd get most or all of that back at next filing, but I can't pout it back in the retirement account.

There has been at least one thread about people selling used tractors that are stolen or that they quit paying the note on.

When I paid off my kubota I got a letter saying so. You probably need to require some kind of proof of ownership if you are considering used.

 

[Diggin It]

Quotes so far:

LS MT125 TLBM $17,950
Massey GC1710 TLBM $17,600
TYM T254 TLBM $25,200
Kubota BX23 TLBM $20,250
Kioti CS2510 TLBM $20,850
Deere 1025R TLBM $23,532 (With possible further discounts close to $1K)


Monkey wrench tossed into the works is that they want it insured and since I don't currently have homeowners, they have some policies to offer that are not included in the above numbers.

I'm just not sure yet how the LS and Massey units compare to the others in durability and performance.

 

[Diggin It]

The Massey dealer seems the most cooperative and the TYM people acted like they didn't care at all, it was kind of like pulling teeth to get them to print out a quote at all.

Deere has the best incentives, but is still high.

LS was maybe the friendliest, but they're the farthest away.

Haven't been to Yanmar yet and may not since I have no other reason to be in that area.


Forgot Mahindra in the quotes above:

eMax TLBM $27,371
Max TLBM $28,371

But I think those quotes included a tiller, so I need to clarify that.

 

[atsah]

There has been at least one thread about people selling used tractors that are stolen or that they quit paying the note on.

When I paid off my kubota I got a letter saying so. You probably need to require some kind of proof of ownership if you are considering used.

Very good point, I bought a snowmobile one time that had a note on it and the guy took my money and didn't pay it off, I thought he owned the machine but he didn't and he owed A LOT, I was on the hook.. Lost my shirt on that one when I registered it.. A tractor on the other hand is harder for a bank to find.

 

[Diggin It]

Had to look at the 1025 quote again. It's really $21,450 because he had included the sales tax and my fat fingers transposed a couple of numbers.

When I do that and compare the final paybacks, the 1025 comes out the same or lower than the others.

And that doesn't take off the other $150 GreenFleet Platinum bonus which would take it down to $21,300

 

[Diggin It]

There may be other things to look at, but this chart is a quick glance at some basics. Some of the ratings are different,m ie Deere rates the hitch lift at 24 behind while the others rate it at the hitch. Also this is based on the MF GC1710 which is a step down from the more equal GC1720, but it's what I was quoted, so that's what I have to go with for now.

 

[majorwager]

Dig
Hope green is the final selection . Would not wish the potential aggravation upon any of the other brands. Enjoy.

Some folks are not really serious about a tractor purchase, just professional " tire kickers", which is fine. Told they have an expression in Texas, All Hat, No Cattle.

An expression to be applied where appliable.

 

[atsah]

There may be other things to look at, but this chart is a quick glance at some basics. Some of the ratings are different,m ie Deere rates the hitch lift at 24 behind while the others rate it at the hitch. Also this is based on the MF GC1710 which is a step down from the more equal GC1720, but it's what I was quoted, so that's what I have to go with for now.

View attachment 569896

The FEL specs on that chart are wrong for the Massey since they changed the loader to the DL95 from the DL100.. Lift cap on the DL95 is about 890.. I like the 1025R but the GC is stronger and better built IMO but dealer support (in my area at least) just isn't there like the Deere is..

The GC has an impressive 3ph lift and they are getting over 18hp at the PTO with a 22.5hp motor, the hydro pump on the GC is stout for the engine HP it's matched with.

I have not operated a 1025R but I did own a 2305 TLB and I will say my GC1705 with less HP is more capable than the 2305 was.

 

[Diggin It]

My LS price just changed again with discussion about interest rates. It now comes in well below the others and I can add a tiller in and still be a bit below the others.

I don't know why, but I guess I just like to be different since there is no other blue around here.

Massey is trying to verify the mower/BH conflict. Again, I wouldn't want to use both at the same time, but I don't want to have to deal with removing the subframe also to use the mower.

 

[wagne223]

If you forget about the Mahindra, there is $4000 difference between your high and low price.

$4k on a 5 yr loan is $66 per month. Really not a significant difference.

Pick the machine you like, buy it and start enjoying your tractor.

I think you should refer to post #3 and buy the Kubota.

 

[GirlWhoWantsTractor]

The Massey dealer seems the most cooperative and the TYM people acted like they didn't care at all, it was kind of like pulling teeth to get them to print out a quote at all.

Deere has the best incentives, but is still high.

LS was maybe the friendliest, but they're the farthest away.

Haven't been to Yanmar yet and may not since I have no other reason to be in that area.


Forgot Mahindra in the quotes above:

eMax TLBM $27,371
Max TLBM $28,371

But I think those quotes included a tiller, so I need to clarify that.

Can't be right. Was this a real dealer quote or off the website?

 

[Diggin It]

Can't be right. Was this a real dealer quote or off the website?

From the dealer, but they apparently include the tiller.

Checked again and it's as follows:

eMax with BH, FEL and MMM: $22,700
Max with BH, FEL and MMM: $23,000

Tiller is just shy of $2K

This were the non-financed charges and include some incentives. With 0% financing those prices would be much higher as all of the incentives would evaporate.

They're just not even in the same city, let alone the ball park.

Another comment I got from someone is that these machines seems to have been the same for many years with no changes or updates 'like they're stuck in the 80s' or something. And I kind of got that feeling when looking at them.

 

[Diggin It]

It was down to the JD 1025R, Massey GC-1710 and LS MT-125. I compared everything I could and all three machines seem very close, but with a slight advantage to each one in some areas. LS and Massey were a bit less than JD but not enough to tip the balance. Until today. Massey came up with a good deal on a Woods tiller, but there was an issue with the finance company who wanted to add another $15-20 in fees to each monthly payment for insurance on the machine since I don't currently have Homeowners. LS says their finance company doesn't make that requirement. And we found a lower interest rate which cuts the total payback by a couple of thousand dollars. That gives me enough to add their tiller and subsoiler into the deal. He also said he'd load the tires with Rimguard for no extra cost.

So, unless something significant changes (or somebody wakes me up to something I've missed), it looks like I'll be going Blue sometime tomorrow.

 

[atsah]

I have never paid for loaded tires on the four tractors I have bought, not requiring insurance on a tractor and implements that's financed to someone with no homeowners is surprising, if someone steals it or it burns up somehow they are coming after you for the amount still owed on a tractor that you no longer have.. Read the fine print, there has to be something in the finance doc's that protects there investment.

 

[tjkubota93]

You dont have homeowner's?

 

[majorwager]

Yes, how can a property owner not have homeowner's insurance, unless the person isn't actually a homeowner? Is the tractor purchase a ruse? A tire kicking exercise?

EDIT:

I have never had a mortgage. My only payment in the last twenty years was to kubota, since zero interest spent their money as opposed to my own.

That said, exposing my home, vehicles, shop/storage facility and equipment to all perils risk would be sheer lunacy.

 

[atsah]

He may own his property outright therefore he is not required to have it.. Not having it is pretty risky though..

 

[Diggin It]

^^ Ding, ding, ding!!!

And no loss of any kind in over 20 years, so all that premium money saved is now buying me a new toy. I'll have to get something though, but I didn't want it tied to the credit approval.

 

[tjkubota93]

Owning outright I would keep insurance. The cost vs the benefit is low. I keep a high deductible, I want insurance for the high $ stuff. They just paid my first claim $25k.

I own everything except my house outright and keep insurance on it.

 

[atsah]

^^ Ding, ding, ding!!!

And no loss of any kind in over 20 years, so all that premium money saved is now buying me a new toy. I'll have to get something though, but I didn't want it tied to the credit approval.

Is homeowners really costly were you live? I think I pay $700 a year for a $200,000 policy, man if you get so much as a **** squirrel that chews your wires and your house burns down it will cost a fortune to replace it, I dislike insurance company's with every fiber of my being but for your home they are a necessary evil..