{"id":1256869,"date":"2024-03-24T12:00:00","date_gmt":"2024-03-24T12:00:00","guid":{"rendered":"https:\/\/www.agriland.ie\/?p=1256869"},"modified":"2024-03-25T08:55:54","modified_gmt":"2024-03-25T08:55:54","slug":"kverneland-offers-0-finance-deals-to-boost-sales","status":"publish","type":"post","link":"https:\/\/lightsail.agriland.ie\/farming-news\/kverneland-offers-0-finance-deals-to-boost-sales\/","title":{"rendered":"Kverneland offers 0% finance deals to boost sales"},"content":{"rendered":"\n
The dramatic increase in the cost of machinery ownership over the last few years has left farmers with little enthusiasm to continue buying, despite the slight but encouraging rise in commodity prices.<\/p>\n\n\n\n
Machinery manufactures are obviously well aware of this, but their hands are tied by increased production costs and the inflation in wages and salaries being a major pressure that has negated any fall in steel and chip prices.<\/p>\n\n\n\n
These factors have combined to create a situation where retail prices for farm machinery have restrained market activity.<\/p>\n\n\n\n
Kverneland Group in Ireland has responded with new finance deals which cover the whole range of its equipment.<\/p>\n\n\n\n
The more notable offering, is a fixed term finance payment of 0% interest up to a period of three years on 100% of the selling price, including VAT. <\/p>\n\n\n\n
This encompasses the total price over the full-term of the deal.<\/p>\n\n\n\n
More deals from Kverneland <\/h2>\n\n\n\n
In addition to this, there are several other finance options including a 1+4 Annuals payment, which attracts 1.5% flat rate on 100% of the price including VAT.<\/p>\n\n\n\n
Managing director at Kverneland Group Ireland said: \u201cIt\u2019s clear there\u2019s a need for continued investment in efficient and effective machinery for sustainable farming – that goes without saying, but the burden can\u2019t all be on farmers. <\/p>\n\n\n\n
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“With these schemes, I\u2019m confident we can give access to the best in agricultural machinery with the security of interest free finance.”<\/p>\n<\/blockquote>\n\n\n\n