Bruce several things to look at. Make sure the 0% is not costing you any rebates. On JD the low rate financing would cost you a cash discount. So lets say there is a 4% cash discount or a 0% financing deal. If dealer invoice is $75000 then the discount would be $3000. So if you traded in your tractor and only had to give $20K for a trade difference then you would be paying $3000 to finance the $20K at the 0% "deal".
I just figured 5% interest on a $20K note for 7 years is $3456.40 per year or $24194.77. So in my example the 0% would be a better deal. If you financed less or paid it off in a shorter term the results can easily be the other way.
As for the value of the actual trade your thinking about. If the smaller tractor is not really doing the job you need it to do then the payment/trade difference is really a moot point. You need a bigger tractor to do the job. So if the additional payment fits your budget I would make the trade. Your basically going up 40 PTO horse power. That is more inline with what most chore tractors are around here (125 PTO HP)
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.