New 2004 ZTR - What's a reasonable price?

Discussion in 'Lawn Mowing' started by rochenyguy, Sep 15, 2005.

  1. rochenyguy

    rochenyguy LawnSite Member
    Posts: 52

    I'm looking at a new 2004 or 2005 Toro Z557 27HP Kohler with 60" Turboforce deck. The dealer has both a new 2005 model and a leftover new (0 hours) 2004 same model. The only difference between the machines is that the '05 comes with a 2 year warranty and the '04 only has a 1 year warranty (from date of purchase).

    What do you think would be a reasonable price to pay for the '04 model if I could get the '05 for $7,400 or so? Would $7,000 be reasonable? To high? To low? Or should I avoid the '04 altogether and just get the '05'.

    Thanks.
     
  2. LwnmwrMan22

    LwnmwrMan22 LawnSite Platinum Member
    Posts: 4,372

    Forget the '04 unless you can get it for $1000 or so less.

    The 2nd year of warranty is worth that at least.

    If you drop a hydro motor or have somewhat major engine problems it'll cost you over at least $1000.
     
  3. rochenyguy

    rochenyguy LawnSite Member
    Posts: 52

    Thanks for the feedback. I doubt if the dealer would sell if for $1000 below his 2005 price, but then again, he's sitting on a machine that will be tougher and tougher for him to unload as it's now almost 2 years old even though it's never been used.
     
  4. LwnmwrMan22

    LwnmwrMan22 LawnSite Platinum Member
    Posts: 4,372

    Last spring I bought a 2002 Ferris IS4000 for $8900, brand new on the showroom floor because the dealer couldn't move it.

    List was $10,900 for a new one. Both had a 2 year commercial warranty, so that didn't matter to me.
     
  5. rochenyguy

    rochenyguy LawnSite Member
    Posts: 52

    Sounds good. I'd definitely flipping a coin to determine whether to get my best deal on the new '05, or bargain as low as I can on the '04, but have to figure out where the 'good deal price' is on the '04 that makes it worth taking the warranty risk and getting a year older, though brand new '04 instead of the '05.
     

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