ctpres
Gold Member
After twentyfour stamps, twentyfour checks it is Paid-In-Full
Great Kubota Day
- Thread starter ctpres
- Start date
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rpoage
Gold Member
My favorite kind of tractor or vehicle in general is the one that is paid for. Enjoy as someone will try to sell you a bigger, newer, better one with in the week. 
Texas Dodge
Gold Member
Congrats
smfcpacfp
Veteran Member
- Joined
- Nov 21, 2007
- Messages
- 1,314
- Tractor
- Kubota B3030HSDC
rpoage said:My favorite kind of tractor or vehicle in general is the one that is paid for. Enjoy as someone will try to sell you a bigger, newer, better one with in the week.
Mine is the larger one I wish I would have bought. My thought when my new tractor was pulling up my driveway to be delivered a few weeks ago was I thought it was bigger than that.
ByronBob
Veteran Member
12 more checks to write before I join you.
Already looking at a B series.
When I'm an old man I'm going "all in" and getting a cab model.
Already looking at a B series.
When I'm an old man I'm going "all in" and getting a cab model.
BizDoc
Gold Member
smfcpacfp said:Mine is the larger one I wish I would have bought. My thought when my new tractor was pulling up my driveway to be delivered a few weeks ago was I thought it was bigger than that.
Gotta tell you, I thought the same thing when mine came up the drive. I thought, holy crap - for all the money I spent I thought it would have been bigger. But then, It has worked admirably and everyone who has the B3030 seems to be happy, and so am I. I have had the chance recently to move some snow while in the cab, and the cab was a great move. I had to turn the heat off.
Your blower seems to really throw the snow a long way. I use the front hydrolic blade but the thrower really looks like it does a great job.
mswlogo said:
I know what you mean. I put a rear work light on my tractor this weekend. When I was finished my wife asked: "Did you have fun playing with your favorite toy?"
I wasn't even trying to go into a long explanation. Just showed a big grin
and said: Oh Yeah!ps. I sent the last check a couple of weeks ago. I bought used so payed it off in a BIG hurry.
BizDoc
Gold Member
Funny how its not a toy when it snows a foot and they need plowed out, but other than that I get the same thing.
DesertRose
Bronze Member
I just made my first payment on my L3400. Just 35 more to go! I had planned to pay cash when I bought the tractor but with a zero interest loan from Kubota I can continue to make money off my money.
My wife actually encouraged me to buy the tractor. A neighbor of mine let her run his BX24 and she saw what a workhorse a small tractor can be. She realized it wasn't just an over sized riding lawn mower. He let her clean up manure out of our horse corrals and that's all it took. Years of me telling her how handy a tractor would be fell on deaf ears but just a few minutes of running my friend's tractor convinced her.
It's kind of funny though. Since we had our tractor delivered she hasn't asked to run it once. I'm beginning to think she encouraged me to buy the tractor so I could complete many more "honey-do's" than I had foreseen
Tom
My wife actually encouraged me to buy the tractor. A neighbor of mine let her run his BX24 and she saw what a workhorse a small tractor can be. She realized it wasn't just an over sized riding lawn mower. He let her clean up manure out of our horse corrals and that's all it took. Years of me telling her how handy a tractor would be fell on deaf ears but just a few minutes of running my friend's tractor convinced her.
It's kind of funny though. Since we had our tractor delivered she hasn't asked to run it once. I'm beginning to think she encouraged me to buy the tractor so I could complete many more "honey-do's" than I had foreseen
Tom
wjoerob
Silver Member
This is why I own a B6100. There was never any doubt about putting it on payments. I also got a whole set of attachments. I had been comparing prices and models for some time. True, my needs for a tractor around my 20 acres may be different than some of the rest. If I don't make payments on cars, TV's or anything else but the house and land, it's pretty easy to remember the simple rule. Wife and I have paid off 2 homes in the last 30 years, working on a 3rd. Helping oldest daughter to buy her 1st home. Like Dave Ramsey says, "Debt is dumb, cash is king, and the paid-off home has taken the place of the BMW in the driveway as the status symbol of choice."
smfcpacfp
Veteran Member
- Joined
- Nov 21, 2007
- Messages
- 1,314
- Tractor
- Kubota B3030HSDC
wjoerob said:
I will respectfully have to disagree with you, partially. Much debt is dumb, we see how some people get into trouble with debt, but some debt is smart, very smart.
In my own case, I have a GM credit card. For every charge I make, I get a 5% credit toward the purchase of new GM cars, up to $500 per year up to 7 years (in my case) - $3,500. I pay off the debt each month and thus avoid interest on the credit card. How is this possible? People like you make it possible. Thank you. There is a cost to the vendor for each charge, but vendors don't normally surcharge just the charge customers, they jack up the price for everyone to cover their credit card fees. You are paying part of the credit card fee and getting nothing for it. Thanks again.
After I negotiated the purchase price of my new Corvette last year and they said how do you want to pay for it, I gave them my GM credit card and that reduced the price by the $3,500 rebate credits earned on my credit card. I paid cash for the balance. If you would have bought the same car you would have paid $3,500 more. Actually once I hit the $500 level I quit using the GM card, and use another card which gives me a 1% rebate on the purchase of any new vehicle, so I actually got another $1,100 off.
I have a mortgage on my home, yet I could pay it off by selling some of my stock investments, but will I, no, that would be dumb. Why? My morgage is at 4 3/4% interest, but my investments are yielding about 10%. Why would I give up 10% in earning to save 4 3/4% in interest payments. This is called leverage, it is how banks make their money on lending activities.
beersngars
Gold Member
smfcpacfp said:
Not to mention the tax savings.
DesertRose
Bronze Member
wjoerob said:
wjoerob,
Maybe you missed the main reason I mentioned I used Kubota credit..zero interest. I have no mortgage payment. No land payment. No car loans. No TV loans. No loans except for the tractor. I could have taken the money out of my investment accounts and paid cash but why? During the three year period I am using Kubota's money I stand to make several thousands of dollars on my money left in investments. At the end of the loan payment my overall cost of the L3400 will be much lower than if I had paid cash for it. I estimate that the use of Kubota's money will at least pay for my implements. I have no idea who Dave Ramsey is but I have never followed any financial advisor's advice when it comes to my money.
I don't need a mortgage for the tax advantages. I have more write offs than I can use in my horse breeding and rental property businesses.
Tom
acohen100
Silver Member
mswlogo said:
Unless your wife is paying the rent I wouldn't worry about it.
outdoorstom
Member
smfcpacfp said:
Yes, it makes sense to do that, but most people don't (or can't) pay it off every month. I love it when I see someone beating the system!
It would make sense to make extra payments and pay off the mortgage asap so that money could be making the 10% too.
outdoorstom
Member
wjoerob said:
I'll bet you're doing better than you deserve, aren't you?
