Financing Financing through Kubota

[Davidsan]

I'm a first time poster here. Am kicking tires and pondering Kubota's 0% for July. Does anyone know what the monthly payment add-ons - like insurance - tend to run? Just wondering how much to figure my monthly payment would run above the actual principal amount of the finance.
I was looking at an M8540 4WD with FEL.

 

[Will_C]

Go to the Kubota Credit website. They will give you a quote. I found the insurance reasonable.
Will

 

[laen64]

I trust the prices are right in Al. I think the insurance plans are nominal, however you can go to the site and recieve a quote or even run it by your Farmers agent.

 

[timswi]

I'm a first time poster here. Am kicking tires and pondering Kubota's 0% for July. Does anyone know what the monthly payment add-ons - like insurance - tend to run? Just wondering how much to figure my monthly payment would run above the actual principal amount of the finance.
I was looking at an M8540 4WD with FEL.

Unless you are going to be running off of your property, you're homeowners should cover the machine...Check with your insurance dude...I did check into the Kubota full coverage for off property use and, in my case it was about 200 per year cheaper. My insurance company would only sign me up for a commercial policy, which was more than I wanted to spend.

 

[Frostybear]

I got the Kubota insurance on my B7800 I traded for my L2800 which I'm getting today. It was about $800 both times for the life of the loan which was 72 months on the B and 60 months on the L. It is cheaper if you can put it on your homeowners usually. The Kubota insurance was cheaper then getting another policy and it added $12 to $14 a month to the payments. It sure is convenient.

 

[LBrown59]

*Unless you are going to be running off of your property, you're homeowners should cover the machine...Check with your insurance dude...I did check into the Kubota full coverage for off property use and, in my case it was about 200 per year cheaper. My insurance company would only sign me up for a commercial policy, which was more than I wanted to spend.

*Not unless you have it added to the policy and pay an extra premium.

 

[TheFlatlander]

My home owners covers my tractor with no additional premium. But it really comes down to your own insurance policy and a consultation with your agent. Obviously policy's are written differently.

 

[JOHNTHOMAS]

My home owners covers my tractor with no additional premium. But it really comes down to your own insurance policy and a consultation with your agent. Obviously policy's are written differently.

Same here with KFB Insurance.

 

[flint_knapper]

I'd say around 300/yr

 

[LBrown59]

*My home owners covers my tractor with no additional premium.

But it really comes down to your own insurance policy and a consultation with your agent. Obviously policy's are written differently.

*But everbody can't assume theirs works the same way.
That's why I brought it up.

 

[TheFlatlander]

*But everbody can't assume theirs works the same way.
That's why I brought it up.

Who's suggesting that anyone assume?

 

[QueBota]

I did the 0% finance thing with Kubota and there were no problems. I had to put down my HO Insurance Policy Number on the paperwork, I assume Kubota called G#I@o to verify.

Their online/automatic payment system worked perfectly and they sent a paid in full notice within 3 weeks of the final payment. Much better than any mortgage co or car co I have ever dealt with.

I would do it again, and might, if I can get a backhoe for my B2910 at 0%.

Dave

 

[Ken45101]

It only cost me $18/yr to add a new tractor to my existing farm policy.

Ken

 

[EmerichSales]

The Kubota insurance is about .80 cents per $1000.00 per month. Kubota requires that you have "All Risk Insurance" Most Home Owners policies won't do it. Kubota's insurance has excellent coverage, Even accidental Damage is covered! Only $250.00 Deductible!

 

[Evil the Weasel]

My Travelers insurance said they covered the tractor but they wouldn't make Kubota the loss payee if something happened to it. I ended up getting the Kubota insurance.

 

[tom4018]

Same here with KFB Insurance.

I have got KFB and mine is listed seperately on a farm policy. Are you talking about liability or theft?

 

[roma3112]

I just purchased a bx24 in july 09 and the insurance for the 60 month loan in Massachusetts was $700.00 for the life of the loan. One thing that the kubota insurance covers that homeowners DOES NOT is damage that you may cause, say for example you run over a rock and break the hydro fan $$$ repair. All it would cost you is a $250.00 deductable. For me it was about even steven as far as the cost of going thru kubota or my homeowners, but considering the extra mechanical coverage it was a no brainer, also when the loan ends you will have to revert to your homeowners anyway.

 

[taborekle]

What Emerichsales says. The coverage is very well. If you break it or you loan it to a friend and they break it, on you're property or off, only a $250 deductable. I think that there are only 2 exceptions to the coverage, which is abuse and normal wear and tear.

Very good coverage.

Larry