I received the letter from my JD dealer two weeks ago regarding their Trade-In program. I put in on the counter. My wife saw it and said I should call them. So, I did.
In 2015, we got a 1025R FILB, with 260 backhoe, a 48" FEL and a 60" deck. Financing was 0% for 72 months.
Since it was their money I was using, I also threw in a 48" box blade, a 54" front blade, an IMatch, a post hole digger and a 48" rotary cutter.
The 1025R has a little over 250 hours on it. One of the warning lights doesn't work due to a tree branch incident early on, and is strapped to the ROPS with a bungee cord. The parking brake stopped working a month ago. I suspect there may be a slight seal leak on one of the lift arms on the 3 point. No major problems, otherwise. The backhoe has less than 2 hours on it, and looks new. The loader has been used, but looks good.
This is the deal Deere offered me:
- Pay off my current note. Tractor, and all attachments are paid for.
- Equity on top of that.
- New 2018 1025R FILB
- I have 4 years left on my current note - This will be extended to 5 years, and my payment will be lowered by $50/month.
I couldn't pass it up.
I recently got a heck of a deal on a 2 year old Husqvarna 54" zero turn, so I plan on using it for mowing.
Now, I will use the new 1025R a lot less for mowing, so I should save hours on it.
We have 20 acres, but most of them are hilly, so the tractor gets light use out in the woods.
I've read some threads here about this trade in deal, but I'm not prone to remorse once I make a decision. My Deere dealer has been fair to me.
I understand that they will be making money 2 different ways. Good for them -as long as I'm happy with the new equipment.
I hope to keep you posted.
That 2015 sure has been a good one.