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Old 05-12-2014, 09:56 PM
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meets1 meets1 is offline
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Join Date: Feb 2004
Location: NW, Iowa
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Cat financing/lease....talking with guy who did this

Talked to a larger landscaper today. He just took deliver of 2 tracked and 1 wheel machine. He told me he got rid of the john deere, got rid of both tracked cat machines and now leasing for $500 a machine for 12 months for 500 hours or less. There nice machine. Camera, everything. I think that's still a lot but he is in new machines every may 15 and he hopes his works out. Less down time, cat will guarantee if machine goes down, 12 hours or less they bring in replacement. Considering cat dealer is now 20 minutes away. Any of you guys do this. John deere was sold outright. Cat gave them $4000 a piece for each machine...I think he said they were 1998 and 2000. Not sure on hours.
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Old 05-12-2014, 10:04 PM
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AEL AEL is offline
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Payments sounds cheap for new machines with only 4000 down each.
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  #3  
Old 05-12-2014, 10:05 PM
whiffyspark whiffyspark is online now
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Location: Chesapeake beach
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I might go buy cat this week and see what they can do
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Old 05-12-2014, 11:17 PM
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P.Services P.Services is online now
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Location: Fenton Michigan
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It's basically a 12 month rental. Next year when he doesn't have machines of his own to trade in the payment will be a lot more per month
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Old 05-20-2014, 09:34 PM
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stuvecorp stuvecorp is offline
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Join Date: Feb 2008
Location: lake wissota, wi
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I would go for something like this at the $500 a month. Always have a new machine.

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Last edited by stuvecorp; 05-20-2014 at 09:42 PM.
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Old 05-26-2014, 09:05 AM
2004F550 2004F550 is offline
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Join Date: May 2004
Location: NW Connecticut
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We run a 85% caterpillar fleet and started our first lease with Cat last year for our main yard 966k loader which runs everyday. We did a three year 6k hour agreement with full warrenty besides wear parts. This machines runs full out six days a week and so far lease has worked well. The payment was considerably less then a purchase and after the three years we can turn it in and start over with a new machine. I can't really see using a lease for some of our pieces that sit for example, but in the case of this machine it works for us. We also are thinking of doing this with our mini excavators because of the hours and wear they get in a short period of time .
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