Tuesday, September 6, 2011

Free Tractor (aka Government Economics)

Our old tractor was getting, well, old. So we started looking at new tractors last summer but decided to wait due to not being able to afford a new one just then. This year I've figured out how to use the same economic principles the U.S. government uses to get a free tractor. Actually the old tractor broke down so we had to get a new one, but free ones are even better.
Basically, it works like this. If you want a $60,000 tractor but end up choosing a $30,000 tractor, the $30,000 savings is applied making the final cost $0. Then the dealer gave us $10,200 trade in value on the old one. The backhoe was about $10,000 so that means they owe us $200.

The only problem with this plan is that the finance company doesn't understand all this. I tried to tell them about how it works for the government but they're just not getting with the program. Can you imagine they're actually demanding that I make monthly payments? I'll have to start working on how I can explain about my plan to put that new roof on for free next year!
Please leave a comment below. I love hearing from you.


Phelan said...

I was hoping to use that government math myself.

Andrea said...

So what color did ya get?

New toys especially free ones are a good thing.

Sandy@American Way Farm said...

The big orange one in the pic is the one we got, Kubotas only come in orange. We were so happy with our old Kubota that we just got an upgraded version. That's my 13 yr old granddaughter driving. We've already dug several stumps with the backhoe and moved a huge pile of wood chips with it. It has several nice features that the old one didn't have.

Bobbi Jo said...

Sweet! That is so cool. Hugs, Bobbi Jo

regina said...

If you figure out how to use that math, we need a new tractor also!

Geronimo Diaz said...

Need step-by-step instructions how to do or you can be lying