I pulled the bagger and boot kit. I may go with a cyclone rake instead but I don't need to decided until spring.
As far as the 0% I wanted to be sure you couldn't get both.
Greg,
Congrats!! That is an awesome machine you just purchased. (I assume you went with the 2620?)
Yes, as far as the rebate/financing, it's either/or. It's actually kind of nice because it gives folks who don't need financing a decent discount, and it makes the Kubotas affordable for those who do need the financing. But as CHDinCt said above, this seems to be what most manufacturers are doing nowadays. So you definitely got a fair deal on that.
At 8%, $26,710 for 60 months is a $541.58 monthly payment, for a total paid of 32,495. At 0%, your total is $26,710 -- $5,785 less. Seems to me that 0% financing is a $4,735 better deal.
When we bought our BX-2360 in October, the 0% financing sealed the deal. We were not in a position to come up sith $15K in cash.
Mike, that's right. For me, the 0% would be the deal-sealer for the same reasons as it was for you.
But the calculus gets trickier if you have the cash available to make the purchase, and are wondering if you should take the 0% financing just because it's being offered. In that situation, you have to figure out what the return on your own money would be, compared to the savings you would get if you paid cash. With today's bank interest rates, it ends up not being quite so dramatic a difference.
I think I'd still take the 0% along with the great insurance Kubota offers, keep my cash in the backpocket, and have a little more financial flexibility. I can see how someone else might choose differently, though. For some, the hassle of monthly payments just isn't worth it.
