Who's doing the 0% financing

Discussion in 'Lawn Mowing' started by ColdBrew, Apr 30, 2003.

  1. ColdBrew

    ColdBrew LawnSite Member
    Posts: 7

    Is anyone else who makes ZTR's, other than Kubota, having 0% financing right now?
  2. howiehowie

    howiehowie LawnSite Member
    Posts: 24

    Exmark was offering no interest until Sept and no payments until Oct. This financing was through Sheffield Bank. good luck:D
  3. Green Pastures

    Green Pastures LawnSite Silver Member
    Posts: 2,457

    I get 90 days same as cash from Washington Mutual finance company here locally.
  4. Jimbo

    Jimbo LawnSite Bronze Member
    Posts: 1,093

    My "old" dealer told me that Exmark charges 2% up front for the no interest no payments till September luxury.

    I am buying a new Scag mower through John Deere credit. This is the credit company that my "new" dealer uses. They are offering no interest no payments till October. Im going to buy a new mower this week and pay it off by October.

  5. howiehowie

    howiehowie LawnSite Member
    Posts: 24

    They did not 2% me! :p
  6. LawnsRUsInc.

    LawnsRUsInc. LawnSite Senior Member
    from midwest
    Posts: 916

    I bought ferris 0% till Jan 04 so its like 1 1/2 years free intrest from when we ordered it.
  7. turfman59

    turfman59 LawnSite Senior Member
    Posts: 801

    If it is your first purchase, dont use schefield, use a local lender. a commercial loan should be at about 6.25 % with automatic withdrawal. If it is your second purchase your bank account should have enough in it to pay cash, or you have been mowing too cheap..
  8. Phishook

    Phishook LawnSite Bronze Member
    Posts: 1,143

    Take the risk of forking out $10,000? I'd still make the payments.
  9. turfman59

    turfman59 LawnSite Senior Member
    Posts: 801

    Where is the Risk?
    If you mow for profit you should have budgeted mower replacement.
    If you are mowing in a competitive market where everyone is doing the 19.95 lawns, the risk would be mowing lawns for a living.
    If you need a new $ 10,000 dollar Z and have to go to the bank to float this project, you are already risking alot and 6.25 % shouldnt be a deterent.
    If you cash it out you have a mower that doesnt owe you a thing.
  10. wriken

    wriken LawnSite Silver Member
    Posts: 2,154

    Cub Comm, 6 months same as cash

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