Effective today, Deere Financial has changed their 0% and Cash Price Policy on 1 series
I was shown paperwork today which indicates that Deere is now offering $1,000 cash discount "in Lieu of Financing" as a Financial incentive for cash buyers. The Dealer told me it was effective as of the 1st of the Month which would have been today.
If you pay cash, they can discount the tractor $1,000 "in lieu" (instead of) you taking any of their financing incentives. This does NOT change the Implement Discount policy where as you get an additional $500 discount when you purchase two or more qualifying implements.
Just the other day in the Forum 1 Series owners, what would you do Differently, I provided a detailed explanation where other brand dealers are required to "Buy Down" their customers interest rates. In that description, I explained at that time that Deere did not have a difference in the pricing between paying cash or taking their various finance offers. That now has changed, apparently effective today.
Hopefully, one of the GTT Moderators can insert the link in this posting to my other detailed comment so you can locate it easily. I don't know how this is done so I will leave it to the experts.
The dealer also explained that the other financial programs and incentives in effect at this time remain unchanged. This "In Lieu Of" offer apparently has been around on the "BIG STUFF" as he defined it and in his words "is now applicable on the 1 series", which implies that the 1 series is NOT BIG STUFF, but I guess it is a relative measure.
Just wanted to provide these details to those who had read my previous explanation so that it serves as corrected.