DutchmenSport wrote:
There's something to be said about not reading or understanding the contract, but let's assume the original poster did understand everything.
Not to hijack the thread, but I recently purchased a John Deere riding mower. It's in the 700 series, so it's a nice big one, with removable deck you drive over and also got the 60 inch snow blower attachment, all for a grand total over $15,000! We financed, and financing had to be through John Deere. All is happy.
Then my wife wanted to set up an auto pay from our checking account and as we always do, she opted to make a regular monthly payment greater than the minimum so the additional would be applied to principle. All is well, so far.
So, the first auto pay hit, and it was only for the minimum. She called Mr. Deere and they explained they only withdraw the minimum and no more. AND if we make any additional payment, the extra is applied to NEXT MONTH's interest first, and NOT to principle. (WHAT!?) I about blew a gasket! Mr. Deere said, it's in the contract! Sure 'nough, it is! Did I read it.... um no! But there is no penalty if we pay it off one lump sum. Live an learn. So we just making minimum payments and apply the extra to our trailer payment now!
So ya know, even the best of us can be slothful from time to time! Live and learn.
Dutchmen you are absolutely correct and the difference here is even though you blew a gasket you verified the facts and owned your mistake… better yet you found an alternative that will most likely serve you just as well…
As far as John Deere, its been years since I have dealt with them, but when I did there was no better to deal with when it came to customer service… when I bought the first twin cylinder lawn tractor model 317 that had a troubled Koehler engine in it JD not Koehler stood behind it when other makes nor Koehler did… they took responsibility for 5 years replacing the engine 4 times (even paying air freight for quick turnaround) (commercial use to)… that only ended when there was a complete remake of the Koehler 17 HP engine and they replaced the engine a final time even though engine in use was still ok… by then JD had switched to a more reliable Onan 18 HP (318)…
Enjoy your JD, nothing runs like a Deere…
BTW the final version of the 17 HP Koehler was good and lasted many hours…