billyebrown
LawnSite Member
- Location
- Bardstown, KY
Ready to make an upgrade to a ZTR. Any suggestions on who currently has the best finance deals going on?
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Who has Best Financing and Deals going on?
- Thread starter billyebrown
- Start date
bugspit
LawnSite Senior Member
- Location
- BIG Orange Country (TN)
There are no good deals in financing. Paying with cash IS the best deal.
timinkc
LawnSite Member
- Location
- kansas city, MO
great dane had 0% for 24 mo ...don't know if it's still going on though
Woody82986
LawnSite Silver Member
- Location
- DFW, TX
I think Hustler has 7.8% for 36 months
metro-hp_48
LawnSite Senior Member
- Location
- TN
Exmark always has like 3 diff. E-Z buy programs. Think alot of brands finance through Sheffield.
http://www.exmark.com/ez-commercial.htm
http://www.exmark.com/ez-commercial.htm
hartlawnmain
LawnSite Member
- Location
- Charlotte, NC
John Deere/Great Dane have 0% for 24 mos. Also, they have one where you only pay 1% of the total financed the first year, so a $7,000 mower would only be about $70.00 a month. The second year it goes to 3%. I think it's a 9.9 apr. Pretty sweet deal if you're worried about overhead vs. income for the first couple of years.
Tx Firefighter
LawnSite Member
- Location
- North Texas
Zero percent financing is better than paying cash.
walker-talker
LawnSite Platinum Member
- Location
- Midwest
I agree....100%...How could anyone think anything else...I have no idea!!
work_it
LawnSite Senior Member
- Location
- Louisville, Kentucky
I don't think that's true for everybody. If you're in your first 5 years of business you get your biggest tax breaks. Not only can you write off a percentage of the purchase price of the mower, but you can also write off depreciation. The best way to find out what would benifit you the most is to talk with a good CPA. Then make your decision of whether or not to finance. Another point to remember is that a lot of finance companies won't give you credit if you haven't filed taxes for a minimum of 2 years. That disqualifies you automatically if it's your first or second year as a business owner.
bugspit
LawnSite Senior Member
- Location
- BIG Orange Country (TN)
Just an opinion and a lifestyle, I will not have payments ever again.
Read your contract word for word and note what you are actually paying for on the bottom line. Also hope that during the time frame of payments that nothing reduces or eliminates your income. I will also bet that you can get at least 10% or more off your purchase if you pay cash.
Do what you want but it's not for me.
The borrower is slaved to the lender.
Read your contract word for word and note what you are actually paying for on the bottom line. Also hope that during the time frame of payments that nothing reduces or eliminates your income. I will also bet that you can get at least 10% or more off your purchase if you pay cash.
Do what you want but it's not for me.
The borrower is slaved to the lender.
