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Financing tractors

Posted: Fri Nov 06, 2020 4:51 am
by Bigfarmer25
Would it be possible to get a feature in the next game to be able to finance a tractor/implements that would make the game even better

Re: Financing tractors

Posted: Fri Nov 06, 2020 2:56 pm
by RED_Smith
You mean different than the loan feature we currently have?

Re: Financing tractors

Posted: Fri Nov 06, 2020 3:01 pm
by Illinois Farmer
I would assume yes. Like irl, you take a loan out individually and each one has a different interest rate and make different amounts of payments on them.

Re: Financing tractors

Posted: Fri Nov 06, 2020 3:06 pm
by fenixguy
I'm good with the single loan. I'm do accounting and deal with finances every day. Please don't make me do it in a video game. :lol:

Re: Financing tractors

Posted: Fri Nov 06, 2020 3:34 pm
by RED_Smith
That was what I was thinking to.

Re: Financing tractors

Posted: Fri Nov 06, 2020 4:13 pm
by Beanbrother
It would be interesting though to be able to have a finance screen that said you still owe X amount on this combine and X amount on that tractor. You could have an option to pay off individual loans or just continue to have interest payments come out. Maybe the ability to also see the maximum amount you’re able to borrow, and be able to make lump payment instead of typing the repay button 75 times

Re: Financing tractors

Posted: Fri Nov 06, 2020 4:20 pm
by fenixguy
Beanbrother wrote:
Fri Nov 06, 2020 4:13 pm
Maybe the ability to also see the maximum amount you’re able to borrow, and be able to make lump payment instead of typing the repay button 75 times
Now, this x1000 *thumbsup*

Re: Financing tractors

Posted: Sun Nov 08, 2020 8:58 pm
by Beanbrother
I also thought that they would have had the option in 19 when you’re buying seed or bales. would be to input
I want 10 pallets of seed then hit X once, instead of XXX on and on and on.
It’s the little things.

Re: Financing tractors

Posted: Mon Nov 09, 2020 10:58 am
by masterplan
Agree. At least two loans would be nice: investement loans (for tractors and equipment) with better interest rate ad higher limit and an operational financing for anything (seeds, fertliser, helpers, whatever) with a higher interest rate and lower limit.

Re: Financing tractors

Posted: Mon Nov 09, 2020 6:07 pm
by Thedebe48
masterplan wrote:
Mon Nov 09, 2020 10:58 am
Agree. At least two loans would be nice: investement loans (for tractors and equipment) with better interest rate ad higher limit and an operational financing for anything (seeds, fertliser, helpers, whatever) with a higher interest rate and lower limit.
I really like this idea. It would make the financing and debt management part of the game more realistic. I would like farm real estate loans as well in addition to equipment financing. Could have a down payment required of 25% or so and be able to amortize the rest over 5 years with payments in the last month of your last season (if using seasons). Could do a 10 or 15 year amortization on the real estate. I think it would make growing maybe a little easier than it should be in the game if you're on an easy or medium difficulty.