My thought is the new one comes with a warranty.

That would be worth$1500 to me

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That is a good point. And the new one comes with 0% financing so I don't have to drop all the cash at once. On the other hand, the snowblower setup on the used one would run about another $4k if I decided to add it on the new one.

 

If you go with the used one make sure there isn't an outstanding balance through Deere Financial.

 

This.

Before you do anything you have to be 100% sure of this. Don’t just take the sellers word.

Take the serial number and call Deere Financial to see if there is a lien on the machine.

Here is a current thread about just this - good info within.

Buying Used Tractor with a Lien on it

Hi all, I’m looking at a used 2019 1025R. The seller financed it though JD. The payoff balance is less than the price I’ve agreed to pay. Looking at the John Deere Financial website, it indicates that it will be 30-45 days after the loan is paid off that the lien is released. The purchase and...

www.greentractortalk.com

 

How much would you use the snowblower?
A new one is 2 years newer and full warranty with a clean maintenance record. Financing through JD also lets you get their insurance which is a very good rate. If you’re going to keep it for a long time the $1500 or $5000 difference becomes pretty insignificant when divided across 10-15 years. And you might be able to get your dealer to sweeten up your deal with either some more money off or throwing in something like weights, service manual, etc.

 

Figure out what a personal loan with interest would cost you in the end. New and used price might be closer that you think. It's hard to beat deere's 0% financing. I think the only difference between cash price and what I paid is the $75 finance processing fee.
That used tractor sounds like a good one though. Good luck.

 

Presumably that snow blower comes with the front hydraulics. That is a worthwhile and pricey addition. Is the used tractor a private sale or dealer used?
I always try to go used, but these tractors don't appear to depreciate like a car, so used is not as big a savings as might be typical in other buying-used situations. As others have suggested financing and warrenty might be your biggest driver.

 

Presumably that snow blower comes with the front hydraulics. That is a worthwhile and pricey addition. Is the used tractor a private sale or dealer used?

Yes, it has the front quick hitch setup. It is a private sale

 

New.
1. For $1500, the difference is worth it for warranty and dealer support. .... and to have a new tractor
2. You can usually finance a new one and all accessories for zero down and 84 mths from JD if needed.
3. Get all accessories you may need in the next year or two. With today's supply chain issues, items may not be available when you need them and they will be very expensive.
4. May have to wait a few weeks for all dealer to get all accessories and prep them for you, but worth it
5. In todays market, you can practically sell it for what you paid for it. See your own example. A 2 year old tractor with 270 hours is only $1500 less than a new shiny one with a warranty.

Fo clarity, I tortured myself with these same questions for a few months before I ordered the new one with several attachments. I have never regretted that decision.

 

New.
1. For $1500, the difference is worth it for warranty and dealer support. .... and to have a new tractor
5. In todays market, you can practically sell it for what you paid for it. See your own example. A 2 year old tractor with 270 hours is only $1500 less than a new shiny one with a warranty.

Yes, $1500 cheaper, but the used also includes the quick hitch and snowblower which is not included with the new one that I priced out. That setup would bring the new one closer to $26k. I guess I could've explained that a little bit better in the original post.

 

@BadKarma - Maybe check with the dealer and see if the warranty can be transferred over to you on the used one. I was VERY pleasantly surprised to find my used purchase (through a dealer) had the warranty still in effect. I had not expected that. It covered my new engine after the old air filter mount destroyed the original.

 

I don't know all the sources you are considering used but I find several of them at considerably lower than you are listing. I have no problem with used.

 

Used pricing is market and timing dependent. When I was looking earlier this year in Texas, the prices for used tractors were within 10% of new and most had high hours. I have no issues with used as well, it was my first choice. But given the options when I made my decision, new made more sense.

 

If find that used requires own cash or financing and the monthly payments at Deere entises the month to month people. I like to buy cash and get the negotiate the lowest.

 

You need to be careful with used. Ask who there dealer is and check and see if it's financed....they can't sell without Deere being involved.

 

Thank you everyone for the advice so far. Very helpful.

 

Unless money an issue and youncan afford it,new is the way to go. Cant beat zero % financing,warrentynand deal support.

i just bought new and i am tickled . Dealer even thru in a ballast box. Plus jave came ove a couple times when i had some issues.

purchasing my JD 1025R has been the single best purchase in my lifetime. I dont know if all JD dealers are like this one but these local guys have been epic. No exaggeration.

 

Part Timef: There is no 0% financing. The financial charges are in the price of the machine.

 

That probably depends on the deal you make. My 1025R package was negotiated and agreed upon before financing was even discussed.

 

So the difference is really $6k if comparing apples to apples. Buying new gets you the full warranty period, 0% financing, the satisfaction of being the first to run the ROPS into the garage door, and that new tractor smell. If it was a difference of $1k-$2k I'd say go new but for $6k? I'd go used for the right tractor. You said he is 'asking' so maybe there is some negotiating room in there too. As others pointed out, make sure there's no lien, I'd want to see service records, and make sure you 'test drive' to make sure everything (implements included) works. Let us know how you make out.

 

He says firm in the post but he's had it listed for awhile. So I may make an offer and if he doesn't accept, tell him to let me know if he changes his mind. Here is the listing. He doesn't have the brush hog included so that's why the price is at $19k here. He already said he'd do $18.5k without the brush hog when I went and looked at it, so his "firm" may have some more potential to wiggle. Facebook Listing.

 

I don't know where his mind is but there are about a dozen on my Facebook within 500 miles that are about $3-5000 less.

 

Slim pickings over here in NY 😂

 

May have to travel to get a good used one....I've done that in the past....

 

I'll have to check the specs but that tractor might be able to be hauled in the back of a pickup....with the mower deck off....you could do some traveling to save 3-4000

 

Badkarma: I really don't know where you've been looking but here is a short list of units on Facebook Marketplace...put you range out to 500 miles and you should see....

 

sorry meant to put 1025r...

 

I didn't even notice, lol. Thanks. Facebook will only let me go out to 100 mile radius. I guess I'll just have to move the circle around 🤣

 

it got a drop down to 500 miles and then it picks up outside the range....

 

want to pm me and I'll give you some tips on buying..

 

I think I am too new to start a dm. Maybe it will let you start one.

 

Sad to say but there is probably a lot of covid tractors...people lost jobs...financing situations....

 

It's a private message...that is part of this....you can send on directly to any member...for a one on one discussion....I was going out of my way to give some assistance if you were looking for a used tractor....Good Works Tractors also has several....you want find any at dealerships...

 

Yeah. I can read the message you sent but it won't even let me reply to you yet. They must have it locked for new members for a certain period of time.

 

you might be right....check out marketplace...you should find some good ones...

 

Financing can change the price after the fact if you extend into the 72 and 84 month periods. Dealers buy that rate down so if you negotiated a price first don't be surprised if that changes. Not always, my final dealer just ate the fees they get charged but a few others wanted to bump the price back up.

Don't be afraid to shop at a distance and if you have no trailer just rent one or have a shipping company move it. The guy I sold a previous tractor to paid $700 to ship to Vermont from Virginia and was a better deal then anything he could be locally. Pretty sure you would even find folks on here willing to go look and take extra pictures if you couldn't make the trip.

Final advice is get every attachment you think you want (if you finance at zero percent). My first mistake was buying a preconfigured tractor with a backhoe that I rarely used. I watched some videos about the type of things I needed to do to by land and spec'd out the tractor I actually needed. What a difference. I enjoy and have the flexibility to do everything I need. There are a few things that I want to get but don't necessarily need a lot so I just keep an eye out for a good deal down the road.

Best of luck.