FINANCE.
We are pleased to assist our customers with arranging finance through our local financial institution. We have listed below some examples based on 5 and 7 year terms at a rate of 8.75%. However, the current rate is typically around 7%. All finance is OAC (on approved credit).
$10,000 60 months @ $206.38. Total interest for credit $2,382.80
$15,000 60 months @ $309.56. Total interest for credit $3,573.60
$20,000 60 months @ $412.75. Total interest for credit $4,765.00
$25,000 60 months @ $515.94. Total interest for credit $5,956.40
$30,000 60 months @ $619.12 Total interest for credit $7,147.20
84 months @ $478.88. Total interest for credit $10,225.92
$35,000 84 months @ $558.69.Total interest for credit $11,929.96
$40,000 84 months @ $638.50.Total interest for credit $13,634.00
EXAMPLE: This tractor which had a purchase price of $20,000 could have been financed for $309.56 per month based on a $5,000 deposit and $15,000 of finance over 60 months. Please contact us for more information or an application form.
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