For example, through a limited time incentive, an AGCO parts purchase of $1,000* would net a customer a discount of $36.25 with a minimum monthly payment of $6.04 (assuming no other transactions) for a six-month period. The discount is computed and based on the current prime rate for each transaction during the program period ending May 31.
“We are pleased to offer this incentive from Rabo AgriFinance through our participating AGCO Parts Dealers,” says Tony Solon, AGCO, Manager, Parts Marketing Communications, “and the time period is helpful to our customers.”
According to Kim Bond, Manager, Client Services at Rabo AgriFinance, an AGCO Parts customer without a QuickLink account may open an account to qualify for the special incentive by completing a simple one-page application and sending it to Rabo AgriFinance.
Bond says the Valued Customer Incentive Financing program will be displayed on a customer’s QuickLink statement. Each new transaction, along with purchase discount, will be shown on a separate line for easy review, and all previously scheduled monthly payments on a customer’s QuickLink account will be required.
*Prime rate at the time of transaction, currently 3.25%, plus 4%, and based on a $1,000 purchase for 6 months the incentive is $36.25