Looking at a CK30

PAB_OH · Mar 16, 2008

Anyone know if Kioti will have similar financing like they currently do, later this year? I finally got the okay from the CFO to get a new tractor and I think I have my old grey Kubota sold. I don't know if I can get everything ironed out in 15 days though. Since the promotion ends on the 31st of this month I fear I may be out the great financing.

If I miss out I'll likely hold off until later this year if I do it at all. I really like my GL21 and it's been a great machine (though currently up on blocks)

. It does all I need it to do but having a 4 year warranty is something I'd like.

Thanks!

jcims · Mar 16, 2008

PAB_OH said:
Anyone know if Kioti will have similar financing like they currently do, later this year? I finally got the okay from the CFO to get a new tractor and I think I have my old grey Kubota sold. I don't know if I can get everything ironed out in 15 days though. Since the promotion ends on the 31st of this month I fear I may be out the great financing.

If I miss out I'll likely hold off until later this year if I do it at all. I really like my GL21 and it's been a great machine (though currently up on blocks) . It does all I need it to do but having a 4 year warranty is something I'd like.

Thanks!

Hey PAB_OH,

If the Kioti deal runs out before you can pull the trigger, you might want to check with Farm Credit (www.farmcredit.com). I was quoted a five year loan at 5.5-6.0%...not 0%, but not bad either. You may need to be able to demonstrate 'reasonable' ag demand (e.g. >10 acres), but it didn't seem like the requirements were too strict. We used them for some property and they were pretty good to deal with...they don't compete real well on standard mortgages, but this equipment loan deal was loads better than anything i could get elsewhere.

IslandTractor · Mar 17, 2008

PAB_OH said:
Anyone know if Kioti will have similar financing like they currently do, later this year?

While they do change the exact deal occasionally, it has been some time since Kioti was not offering something close to the zero percent deals currently available. Usually when one program expires they just roll the program over to the next two or three month time block.

If you want a more precise statement on this business I'd recommend contacting a dealer like Rick Wallace.

PAB_OH · Mar 17, 2008

IslandTractor thanks for the follow up. That is exactly why I posted the question to this forum. I realize a few of the dealers lurk and are able to offer up this type of information when asked.

BTI · Mar 17, 2008

They usually fax us the night before it changes IF it's a work day.

BTI

wallace · Mar 17, 2008

Ya and that makes me

because just like this past month we ended the calender day on a Friday and I am open 7 days a week.

The way the market is I would not want to speculate on anything until I have it in my HANDS.

PAB_OH · Mar 17, 2008

That's what I'm worried about Wallace. With credit drying up at every turn we might be seeing the end of easy credit. Some of these offers are really good and if I'm going to buy new, now's the time I guess.

Like I said, if I get in, great. If not, I still have a great tractor that will likely outlast me (it still has steel fenders!!!).

NassauEquipment · Mar 17, 2008

Get approved BEFORE it expires. That keeps your deal qualified for a time period with GE.

PAB_OH · Apr 1, 2008

Okay, I think I've finally worked out a deal with Jeff @ Brownies. Really great guy to work with.

I am waiting for the sale of my GL21 to be complete and then I should be taking delivery of a new (demo - 30 hours) CK30 HST w/ K130B loader, dual remotes, and Ag tires. I have a set of Kubota turfs that I bought to put on my GL21 but never got around to. I've already verifed rolling circumference ratio from front to rear is correct (.647 vs. .651). Now all I need to do is measure the bolt pattern on my Kubota rims to make sure they will fit for sure.

Looking forward to wrapping up both deals and getting the new one dirty.