Kubota still offering 0 percent financing

[JethroB]

There’s a 4th group. God-like investors who use insider trading combined with their influential positions of power to make 100’s of millions. They flaunt it in our faces because they know there’s a 2-tier justice system and they will never be found guilty.

I’d like to add a fifth group, those mega institutions like pension funds, hedge funds, and insurance companies, that trade at lighting speed based on software based algorithms with little human intervention. They can make a fraction of a point on each trade both up and down but in massive share quantities.

 

[scootr]

Yep, I was at the Kubota dealer last weekend. Came home with sticker shock . But they did offer 0% and the loan included a mandatory full coverage insurance policy for about $65 a month (depending upon the value). $780 a year on the little GL4060 I was looking at.
They told me I would get a free $1000 door if I ruined it, minus a $250 deductible and $300 each way pickup and delivery. I'm not real smart but that sounded pretty near $1000 dollars out of my pocket for the free door. salesmen .....

 

[rScotty]

Yep, I was at the Kubota dealer last weekend. Came home with sticker shock . But they did offer 0% and the loan included a mandatory full coverage insurance policy for about $65 a month (depending upon the value). $780 a year on the little GL4060 I was looking at.

When I questioned my Kubota dealer more closely about the mandatory insurance he said that their insurance was only required if the tractor was used off the property or to do work for someone else. Just used on our own property for our own projects some types of existing insurance would qualify. I checked; ours did.
rScotty

 

[CoolTech]

Very recently I was reading about a company out in Arizona called Enphase. It's a solar panel company that has skyrocketed in value over the last 10 years without much explanation other then a so called battery storage technology that they have supposedly come up with. And an article almost identical to yours was saying that if you had of made a 10k investment in the company 10 years ago it would be worth 25 million today. The problem is who in the hell would have picked an obscure solar panel company out in the middle of the Arizona dessert to make such an investment??

In 2013, I installed my own solar panels (30 of them) on my home in SoCal. Solar panels generate DC power and you have to convert that to AC power. Most systems use a large inverter and all of the panels tie into that inverter and it converts the DC to AC. I had read a lot about this "microinverter" technology from this unknown company called Enphase. There's a micro-inverter under every panel and it converts DC to AC at each panel. The product was REALLY impressive - to install and for its differentiating capability. One thing is that you can monitor the performance of each panel for the life of the system. Anyway, I wasn't a big stock market guy but I REALLY liked this product and had good feelings that everyone else would too. I had a couple of thousand dollars and I bought their shares at about $4.00/share. I still have it.... and it is trading at ~$300/share. I've "made" about $150,000. Admittedly, a lot of good luck. The company, for all I knew at the time, could have been run by a bunch of idiots - but fortunately that was not the case!

 

[rScotty]

In 2013, I installed my own solar panels (30 of them) on my home in SoCal. Solar panels generate DC power and you have to convert that to AC power. Most systems use a large inverter and all of the panels tie into that inverter and it converts the DC to AC. I had read a lot about this "microinverter" technology from this unknown company called Enphase. There's a micro-inverter under every panel and it converts DC to AC at each panel. The product was REALLY impressive - to install and for its differentiating capability. One thing is that you can monitor the performance of each panel for the life of the system. Anyway, I wasn't a big stock market guy but I REALLY liked this product and had good feelings that everyone else would too. I had a couple of thousand dollars and I bought their shares at about $4.00/share. I still have it.... and it is trading at ~$300/share. I've "made" about $150,000. Admittedly, a lot of good luck. The company, for all I knew at the time, could have been run by a bunch of idiots - but fortunately that was not the case!

BTW, congrats on a successful gamble. If you had bought boring old S&P 500 Index Funds instead, they would have only have roughly tripled since 2013. Something over 10% per year. Still.... not bad for no risk.

Or you could have loaned out half your original funds at 0% to my sleezy BIL, invested the remainder in the S&P Index, and still made a nice profit after inflation even if that slacker never did pay you back.

rScotty

 

[JethroB]

I stopped by another nearby Kubota dealer this week in my search for a new cabbed
Grand L. The only thing they could maybe offer was a 50th anniversary edition L6060 that has been allocated to them from Kubota. Fancy paint job. Burnt orange/gray wheels. I thought the price was good at 13% off MSRP of a regular L6060. Strongly considering putting my name on it.

 

[rScotty]

I've bought two Japanese "special editions" - one from Toyota and one from Kubota. Both have been exceptionally good machines. I don't know if that means anything. Maybe they do put a little extra care into the special editions.
Opinions?
rScotty

 

[Citydude]

I stopped by another nearby Kubota dealer this week in my search for a new cabbed
Grand L. The only thing they could maybe offer was a 50th anniversary edition L6060 that has been allocated to them from Kubota. Fancy paint job. Burnt orange/gray wheels. I thought the price was good at 13% off MSRP of a regular L6060. Strongly considering putting my name on it.

If they are offering it at 13% off MSRP and it fits your needs, it's a buy in my book.

 

[Torvy]

I've bought two Japanese "special editions" - one from Toyota and one from Kubota. Both have been exceptionally good machines. I don't know if that means anything. Maybe they do put a little extra care into the special editions.
Opinions?
rScotty

Have to be careful. Kubota sometimes uses terms differently than US based OEMs. Their limited edition is limited in features. Most of us think of limited edition being limited in production and having unique or upgraded features. Not sure about Kubota special editions.

 

[JethroB]

I've bought two Japanese "special editions" - one from Toyota and one from Kubota. Both have been exceptionally good machines. I don't know if that means anything. Maybe they do put a little extra care into the special editions.
Opinions?
rScotty

Nice thought, particularly on the paint jobs. No faded pink in the future? The loader & bucket would be gray too, they throw in a LP 3pt quick hitch for free (yeah right, maybe I can swap it for air seat). Everything else supposed to be the same as a regular Grand L. The loader may be mandatory though, hope not as I have little need for one. Save $5600 too.