Do I get into a new machine

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Squizzy246B

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Jan 7, 2006
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First Post!....
I'm going to make the Cat man crunch the numbers but I thought I'd ask for some opinions:

Our 246B is an 04 model we bought new in May 05 and has 550 hrs on the clock after 7 months work. The Cat finance was at 6.9% for 60 months. Our interest rates run about 2% higher than the States and the best a bank could do me was 8%. I financed $30K for the 246B being half the cost of the purchase.

Our Cat dealer is clearing out 05 stock and is particularly keen to clear some of the mid and larger sized skids. 216 & 226 are the big sellers here. Our 246B doesnt have the full cab and Aircon...a major bummer in summer here, less for the heat than the Dust.

I can go for a 242B or 246B with full cab and aircon for 4.9% but I don't know what they will offer for the trade. I'm thinking that if my monthly repayments only go up a $100 or so I may as well get into the new machine. All our attachments will change straight over. What do you think??
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Tazza

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With a machine with so few hours i believe you would get quite a good return on a trade, it may even be better if you put it in the trading post. That machine would be ideal for someone starting a business. As its for a business, you have to keep your machines in good working order and change them out before they start to cost you too much money to keep them running. After you get the figures back, if its only a little more i would go for it, you get a new machine at a good price.
A scrappie buddy of mine is looking at buying a CAT soon, about 80K worth of machine.....
Also, that interest rate is really good! 4.9% is lower than what i get in my ING account!
On a side note, i hope that cyclone over there isn't causing you any trouble, i saw it on the news today. I'm from Brisbane, welcome to the forum.
 

Squizzy246B

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Jan 7, 2006
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With a machine with so few hours i believe you would get quite a good return on a trade, it may even be better if you put it in the trading post. That machine would be ideal for someone starting a business. As its for a business, you have to keep your machines in good working order and change them out before they start to cost you too much money to keep them running. After you get the figures back, if its only a little more i would go for it, you get a new machine at a good price.
A scrappie buddy of mine is looking at buying a CAT soon, about 80K worth of machine.....
Also, that interest rate is really good! 4.9% is lower than what i get in my ING account!
On a side note, i hope that cyclone over there isn't causing you any trouble, i saw it on the news today. I'm from Brisbane, welcome to the forum.
We are thinking along similar lines, hopefully we can get a good deal. Just love all that new paint :)
You can't beat Cat finance...apart from the Lotto
I heard they are evacuating some low lying parts of Karratha. Must check the BOM.
Thanks
 

Tigerotor77W

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Apr 29, 2004
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We are thinking along similar lines, hopefully we can get a good deal. Just love all that new paint :)
You can't beat Cat finance...apart from the Lotto
I heard they are evacuating some low lying parts of Karratha. Must check the BOM.
Thanks
Haha, man, Squizzy, we're seeing each other at EVERY site! It's great to have you here.
 

Tazza

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Weeellllllll......it'll be here this week sometime...dam....cheque book just burst into flames
hehehe, i bet the bank loves you.
A scrappie mate of mine just bought a new machine too, 72k......... S300 turbo, AC all the trimmings.
He was origionally looking at a CAT but ended up sticking with bobcat.
I hope your new machine treats you well!
 

Tigerotor77W

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hehehe, i bet the bank loves you.
A scrappie mate of mine just bought a new machine too, 72k......... S300 turbo, AC all the trimmings.
He was origionally looking at a CAT but ended up sticking with bobcat.
I hope your new machine treats you well!
Tazza, I'd like to hear his reasons for sticking with Bobcat. I'm not sure if this is the place to do it -- if he (or you as his spokesman) would like to explain, I'll give you my email address. Or, if y'all don't mind, we can continue this discussion in the Bobcat Reviews thread.
 

Tazza

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Tazza, I'd like to hear his reasons for sticking with Bobcat. I'm not sure if this is the place to do it -- if he (or you as his spokesman) would like to explain, I'll give you my email address. Or, if y'all don't mind, we can continue this discussion in the Bobcat Reviews thread.
Sure, i can do that. The machine is still on a boat at the moment, i'm not too sure when he will be getting delivery but it will be soon.
Its just as easy for me to start a thread as i would like input on service info too, not that he will listen to me about it but being new he just may.
 

Tigerotor77W

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Sure, i can do that. The machine is still on a boat at the moment, i'm not too sure when he will be getting delivery but it will be soon.
Its just as easy for me to start a thread as i would like input on service info too, not that he will listen to me about it but being new he just may.
Good to hear. I'll look forward to that information. :)
 
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