Financing JD refinance? JD financing for used equipment?

[bxowner]

I'm unable to find anything on the internet or here.

Does John Deere offer financing for used equipment purchased through a dealer?

What about a refinance? I have a 2320 and am debating downsizing to a garden tractor or, perhaps, (due to the inevitable sticker shock from buying another machine), just getting a mid-mount mower and keeping what I have. The problem is, I don't have $2500 just sitting around waiting to be spent right now... is there such a thing as refinancing? I've paid down 2 years on a 5 year note - so, adding $2500 to the balance and setting the clock a 5 years again will keep me at the same payment I'm at now.

 

[smithrngr]

you could always do what i did. bought the tractor through jd finance,and my tractor is a 03 4510 so it was used i bought it las year.then i found a need for a 72"mmm and was in the same boat as you i did not have the extra 3,000 to through around so i got jd credit and used that they give me low apr for the big price stuff. and i make the payment at the same time on jd's web site every month.

 

[jenkinsph]

Just an opinion, but as long as your 2320 is in good shape I would keep it. As mentioned above just add on a mower of your choice, financing it should not be a problem as long as you have a good standing with Deere Credit. You could potentially loose thousands of $$'s trading up and down, I would be leary of that.



Steve

 

[WilliamBos]

you could always do what i did. bought the tractor through jd finance,and my tractor is a 03 4510 so it was used i bought it las year.then i found a need for a 72"mmm and was in the same boat as you i did not have the extra 3,000 to through around so i got jd credit and used that they give me low apr for the big price stuff. and i make the payment at the same time on jd's web site every month.

I agree. Try that option, will work out better for you.

Keep us posted.

 

[burnetma]

Deere will finance used tractors and AG equipment, but not sure about the smaller equipment.

 

[gamble77]

JDC will work with you to finance the deck, just work with your salesman that sold you the deck and have him contact JDC to work things out. To answer your other question about used finance rates is JDC doesn't have any "promo" rates out for 4000's series or under.