Looking to buy a Mahindra 3016 - Good Price?

[johnw02]

Hello! I'm in the market for a compact tractor with a loader and brush hog. I came across the Mahindra 3016 and asked for quotes from two different dealers:

Dealer 1 - Mahindra 3016 Gear Drive Shuttle with SKC loader and 5ft Standard Duty Mahindra Rotary Cutter @ $16,100.00

Dealer 2 - Same as above, but includes a Quick Hitch attachment to qualify for a rebate @ $16,671.00 - $500.00 rebate = $16,171.00

I've seen lower pricing on these forums, so I'm not sure if this is the best deal. What is your opinion? I live in Ohio (in case that makes a difference).

Forgot to mention, Dealer 1 is offering 3.7% financing for 60 months or 4.6% financing for 72 or 84 months with 10% down.

 

[Cub72]

Right before Christmas I was quoted $17,400 for a 3016HST with ml115sk loader and $6100 more for a 3720 backhoe. That was cash.

 

[Pontiota]

Last August I bought a 3016 shuttle with a backhoe plus thumb, 115sk, loader, box scraper, and Skidsteer forks for 23,700 cash then the factory sent me a 500 dollar rebate.
Hope that helps I can't remember the breakdown for just the tractor

 

[kcflhrc]

Just a thought, but I just went through buying a new tractor also. Have you considered a Deere? I looked at Mahindra,LS,TYM. When it was all said and done I bought the 3032e John Deere cheaper than any of them and 0% financing for 5 years. Cant beat free money. I got a 2013 3032E with loader, 60" cutter and 6' blade with the i-match coupler for $19k delivered to my house. I drove the Mahindra and LS shuttle, absolutely hated it, love the hydrostat. In the end I'm happy with my decision. I think the Mahindra's are overpriced. The LS was nice with the hydrostat. Never drove the TYM, but it's a cool looking tractor. I think the #1 selling point was probably the dealer network with the 0% financing a close second. I see these small dealers selling these foreign tractors come and go with the wind. Just something to think about. Remember you will be required to carry insurance if you have a lien.

Tractor $12,195
Loader $ 3,400
Cutter $ 1,400
Blade $ 797
Delivery $ 125
Tire fluid $ 250
I-Match $ 357
Paperwork $ 90
Insurance $ 330

 

[arrow]

The Mahindra 3016 has recently had a price jump of around 2K making it an over 20,000 dollar tractor. Obviously your dealers have bought these Mahindras' with old pricing. I'd jump at either one yesterday as when these are gone, you can forget about anything near 16K for a 3016.

 

[mthornton]

I recently purchased a used(2013 model 15hrs) 3016 with with FEL and 5' box blade for $15,500. I think this was a good deal as I was looking at buying a MAX 28XL new for about the same price.