John Deere Credit on Hay Equipment

[ddivinia]

JD has raised their interest rates lately. Does anybody remember what their rates usually are during the hay season? I am crunching numbers on new vs. used, etc.

Thanks,
D.

 

[gamble77]

If you are talking about balers here are the current rates:
1.9% for 36
2.9% for 48
3.9% for 60
8% cash discount

Hope that helps...

 

[ddivinia]

If you are talking about balers here are the current rates:
1.9% for 36
2.9% for 48
3.9% for 60
8% cash discount

Hope that helps...

I saw the current rates - I was wondering about when they had 0% not long ago. 8% cash discount - gotta like that. Is that on all new hay equipment? Where is that documented? First I have heard of it. 8% adds up in a hurry.

Thanks,
D.