Financing New JD financing offers?

[mattcage]

Does anyone know anything solid about what the new financing offers will be? They are 48 months and 0% right now expiring March 2. I am just wondering what the new terms will be. Interested in a 3038e and trying to make a decision.


Thanks,
Matt

 

[jenkinsph]

Don't know.

Given the current economy and forecasts I am betting on an extension.




Steve

 

[tomd999]

Hiya,

I'm looking at a 3320, dealer told me he got word the new offers aren't as good and I should buy it this weekend, I took it with a grain of salt....

Tom

 

[jenkinsph]

Tomd, I hear you, while I am currently in the market for a new unit I am going to hold out for awhile to see if better discounts become available. If not then I will pass.



Steve

 

[mattcage]

Thanks for the replies. I will wait a bit more myself. I am lucky to be wanting a tractor and not needing a tractor.

I got a quote today for 60 months at 1.9%. Which comes out to be appx. $826 in interest as opposed to 48 months at 0% which is $0 in interest. Gee Wally, not much of a choice there.

 

[nmu98]

Your dealer should be able to date his sale. Whne I bought my 3720 the incentives were changining. My dealer said he could go backlwards on incentives about 2 days after they come out. I went from 36 months at Zero to 48 overnight. IMHO, a good dealer will not try and push you, unless he can show you deals will not be as good.

 

[bruiserx2]

I just sent in a credit application today, which the dealer is processing tomorrow. He says this will cover me through next week and the new terms. If the new terms are better, I can take the new terms, if terms remain the same or are worst I just stick with what I have.

 

[mattcage]

Thanks for the replys. Good to know you have a choice. I will start to firm things up with my dealer.

 

[gamble77]

Exactly, just go ahead and have your dealer run the credit and if the terms get better then you can switch over, if they get worse you are locked in.

 

[mattcage]

Ended up getting a pretty good deal on a used tractor locally, about 1.5 miles from my house.

17500 for a 2006 model 3720 with a 300X loader and a canopy. 356 hours. Driven over and delivered to my place.


Thanks everyone,

I will be back with many questions on maintenance and how to do things.

Thanks,
Matt Hester

 

[tomd999]

Hiya,

Well, the 0 for 48 is gone and it's 0 for 36 now. I notice it's only for a month, maybe Deere is going to see if sales hold up with the shorter term and if not, maybe bring back the longer term. We can only hope.

I tried to make a deal for either a demo 3120 or a new 3320 but the dealers close to me were not willing to budge more than 5% off of list on the new 3320 or even worse, list + shipping and setup on the demo model 3120 w/ close to 200 hours on it. With the attitude I received, you would think the economy is going like gangbusters and money is everywhere.

I'm looking at the NH Boomer series now, they have a 0 for 60, may go blue, never know.

Tom

 

[WilliamBos]

Hiya,

Well, the 0 for 48 is gone and it's 0 for 36 now. I notice it's only for a month, maybe Deere is going to see if sales hold up with the shorter term and if not, maybe bring back the longer term. We can only hope.

I tried to make a deal for either a demo 3120 or a new 3320 but the dealers close to me were not willing to budge more than 5% off of list on the new 3320 or even worse, list + shipping and setup on the demo model 3120 w/ close to 200 hours on it. With the attitude I received, you would think the economy is going like gangbusters and money is everywhere.

I'm looking at the NH Boomer series now, they have a 0 for 60, may go blue, never know.

Tom

I am sure the blue crowd will be more than willing to take your money, unless you can find a nicer green dealer.

Either way, keep us posted.

 

[jenkinsph]

Cant blame you in the least, on a new 4520 cab tractor I am getting 18% off of list. I am waiting to see if my friend buys the older tractor before I sign up.

If it were me I would check on other dealers to find one who wants to sell tractors.




Steve

 

[WilliamBos]

Cant blame you in the least, on a new 4520 cab tractor I am getting 18% off of list. I am waiting to see if my friend buys the older tractor before I sign up.

If it were me I would check on other dealers to find one who wan'ts to sell tractors.




Steve

That is a nice discount. I assume that JD absorbs the discount, and NOT the dealer??

 

[jenkinsph]

Dont know who is absorbing the discount but this was with 48 mo/0% financing. I would assume though the dealer is lowering his margin since I am ordering the tractor with my option list. Have no idea what kind of rebates are being offered to the dealers.



Steve

 

[MikeB64]

Masey Ferguson is doing 72 months at ZERO %

 

[JDCOMPACTMAN]

I don't know what Deere is thinking, but they should have at LEAST kept the0% for 48 Months! They have a good product, but man there are alot of better deals out there than 0% for 36 months!