Richard R.
Member
- Joined
- Mar 26, 2007
- Messages
- 48
- Location
- Molino FL
- Tractor
- 2000 ford/ bushhog loader, 3203 john deere, 5035 mahindra ML130 FEL
I just pulled the trigger on the 5035 with the Ml 130 FEL. and as is posted here. I found out that 0% is not 0% the price of the tractor was $31,345.00
if I used the 0% they took $1,000. off
If I used the 4.25% financing they took $2,000. off
If I paid cash they take $3,000 off which makes the tractor $28,345. in addition to that savings I don't have to carry there insurance at $1,475. and I save there credit procesing fee of $250. So by paying cash I saved $4,725.00 Now if you say I don't have that kind of cash. you can still get your own loan from you credit union and carry the insurance on your home insurance. as long as you give them the check there paid off !!!!
Richard
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if I used the 0% they took $1,000. off
If I used the 4.25% financing they took $2,000. off
If I paid cash they take $3,000 off which makes the tractor $28,345. in addition to that savings I don't have to carry there insurance at $1,475. and I save there credit procesing fee of $250. So by paying cash I saved $4,725.00 Now if you say I don't have that kind of cash. you can still get your own loan from you credit union and carry the insurance on your home insurance. as long as you give them the check there paid off !!!!
Richard
Richard R.
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