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Financing a mower?

Discussion in 'Lawn Mowing' started by TopQualityLawnCare, Feb 4, 2013.

  1. dstifel

    dstifel LawnSite Senior Member
    Posts: 899

    I've mowed for the last three years with a used scag belts blades and oil is all Ive done. Now that I'm getting more established I will look towards a new/newer machine but your mower won't do you any good of its getting towed away by a repo either.
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  2. inzane

    inzane LawnSite Silver Member
    Posts: 2,348

    i wouldn't finance anything if i was that strapped for cash. i'm talking 1500 down on a 3200 dollar mower, 3 years 0% interest and i have 12k in the bank if something goes wrong. not exactly worried about REPO. I've taken advantage of those offers plenty in the past. sure i could go buy it outright, but I would rather do the 0% and hold onto my money and pay on it gradually. I still got my fingers crossed that they can get my exmark up and running and i can use it for a season or two and then go with something new at a later time like you are. bottom line is, i still have customers that need lawns cut...cutting season still right around the corner. my 21" honda from home depot is my only option if my exmark is dead, if i thought that the honda would make it on my bi-weekly lawns i would just use that.. but theres no way thats gonna work.. been there, done that. I couldn't cut 2 weeks of growth on my own lawn last year with that thing, if i got busy and missed a week on my lawn i was in for a chore.

     
  3. hi_speedreed

    hi_speedreed LawnSite Senior Member
    Posts: 534

    Generally speaking, people who are at risk for repo don't need to worry about 0% because they are not going to qualify anyway.
     
  4. inzane

    inzane LawnSite Silver Member
    Posts: 2,348

    when i'm to the point that my lawn mower with a payment of a whopping $50.00 a month is about to be repo'd i probally won't be caring to much about cutting anybody's lawn anyways.. :drinkup:

     
  5. skorum03

    skorum03 LawnSite Senior Member
    Posts: 354

    OK, but on the other side of this argument. Say you bought a used machine that lasted you 3 years and had very few minor problems. You'd be thinking this is the way to go in that sense. When one side goes wrong, its real easy to see how you should have gone the other direction. You know?

    YardBros Outdoors
    www.yardbros.com
     
  6. inzane

    inzane LawnSite Silver Member
    Posts: 2,348

    I agree. I have got my fingers crossed that these yahoo's that have got my mower can get it going again, and you better believe that if i get it back and this thing cuts and runs i'll be running it in the ground until it won't go anymore. but if thats not the case, i'm gonna have to get a mower.

     
  7. dstifel

    dstifel LawnSite Senior Member
    Posts: 899

    I can agree with that did the same thing with a truck I bought except it was like 1% interest. But the op was in a different situation.
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  8. TopQualityLawnCare

    TopQualityLawnCare LawnSite Member
    Posts: 115

    If decided to buy a decent mower get a credit card and pay my gas I use with it and build my credit up then at the end of the year keep my old mower as a back up finance a used one put a a grand or so back just invade I can't afford a payment and get a new truck with the other cash since I save since I need one.. Good idea?
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  9. skorum03

    skorum03 LawnSite Senior Member
    Posts: 354

    Yeah true, I hope it all works out for ya bud.

    YardBros Outdoors
    www.yardbros.com
     
  10. inzane

    inzane LawnSite Silver Member
    Posts: 2,348

    i'd want to have more than a grand saved. if you can get a gas card to help build credit that would be good. i'd just be sure you get that payment in before the grace period every month so you don't pay more money. You have enough cash for a new truck?

     

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