Installment purchase

A contract for the sale of the equipment between the seller (dealer) and the buyer (customer). The customer takes ownership of the equipment when it is purchased from the dealer. The buyer has the option to make a down payment by cash and/or trade. The contract is assigned to a creditor (AGCO Finance), and the creditor agrees to finance the sale under the terms set forth in the contract. Payments are scheduled over the life of the term until the customer’s obligation is fulfilled.

BENEFITS

• Cash Flow management
• Long term ownership and associated tax benefits
• Terms from 12 to 84 months
• Competitive Rates: Fixed, variable and equity advantage rate options
• Flexible payment options: monthly, seasonal, pre-season waiver, unequal, custom, and balloon payment plans