Organising machinery finance can be a daunting experience – especially if you need to purchase in a hurry. If you rely on your machinery and it breaks down or suffers mechanical failure, we know you’re going to want to get finance fast to replace it.
Financing Kiwi farmers ready to get rolling
For some Kiwi farmers, buying your first piece of equipment is like a sacred initiation process into becoming a true-blue farmer. As with any vehicle, making the smart decision about selecting and buying your farming equipment can be challenging (especially for small-scale farmers with more specific needs). At Car Finance, we happily offer financing to keen farmers rolling.
Where to start?
When making the decision to buy your farm equipment from a dealership rather than a ‘big box’ store, there is always risk in how much you are really saving overall. While you might be saving when you pay the initial cost for the machine or vehicle, you aren’t receiving any extended guarantees that the product will perform.
Of course, buying any equipment ‘as is where is’ will mean that you’ll also find it difficult chasing up all your own parts. A company dealing in new, well-known brands would be well supplied with parts, or it will have an extensive list of reliable contacts through which to source them.
If you’re prepared to take this risk, go ahead and shop around several dealerships with a friend. There is always strength in numbers, so having an extra person on your ‘team’ will help you in and out of tough decision-making, especially when dealing with potentially pushy salesmen.
Research online or talk to the experts
In cases where you’re unable to obtain the history of the machine that you might be interested in, it pays to have a little prior knowledge to help you carry out your own assessments.
Taking responsibility in these situations can be of great help to you in the long run. As with any man-operated machinery, it’s always an advantage to further your understanding beyond the control panel.
Research online or talk to other farmers who have traded enough farm machinery to offer experienced advice to you. Find out where the equipment came from, who was using it and for how long. Be sure to familiarise yourself with maintenance records. Do your homework!
We’re happy to help if you’re:
- A farmer looking for tractor finance
- A factory manager looking for forklift finance
- A freight manager looking for truck finance
- An excavator looking for bulldozer finance
- A foreman looking for crane finance
- A hobbyist looking to finance a new toy