CNH’s Case IH and New Holland farm equipment divisions have launched their own Certified Pre-Owned (CPO) programs, allowing farmers in Canada and the U.S. to buy eligible used late-model combines and tractors with warranty coverage.
For Case IH, the CPO program announced Friday will provide buyers with warranties and financing on pre-owned late-model Steiger and Magnum tractors and Axial-Flow combines.
The program assigns additional warranty on units that have met “stringent” CPO requirements, including a “100-plus-point” inspection, fluid analysis and Case IH parts where replacements are needed.
At New Holland, the CPO program announced Thursday is to offer buyers warranties on pre-owned late-model CR and CX Series combines and T8 and T9 Series tractors.
“For many producers, purchasing New Holland (CPO) equipment is a smart investment because it allows them to buy late-model, used New Holland equipment with the assurance that it’s been thoroughly inspected and serviced,” Mark Hooper, New Holland’s director for North America, said in a release.
For “even more peace of mind,” he said, New Holland CPO units are eligible for an extended powertrain warranty with no deductible on major engine and drivetrain components.
New Holland’s extended powertrain protection plan includes powertrain protection for 12 months or 2,500 total engine hours, whichever comes first, for T8 and T9 tractors, and 12 months or 2,000 total engine hours, whichever comes first, for CR and CX combines.
The company said its plan covers the engine, final drive lines, driveline (on tractors), transmission, rotor drive, hydrostatic pump and motor (on combines), engine-mounted PTO, header drive components and gear boxes (on combines).
Case IH’s protection plan with extended powertrain coverage offers coverage for 12 months or 2,500 total engine hours, whichever occurs first, for Steiger and Magnum tractors and 12 months or 2,000 total engine hours, whichever comes first, for Axial Flow combines.
“This program will offer used equipment customers the reliability, warranty, special financing offers and peace of mind typically found only with new equipment purchases,” Eric Weaver, Case IH’s senior director of marketing, said in Friday’s release.
Partnering with Case dealers, CNH Industrial Parts and Service and CNH Industrial Capital, “we can ensure uniform quality standards, warranties, parts benefits and financing options across our network on our most popular brands,” he said.
Case IH said it expects its dealership network to offer its first CPO-qualified units for sale, with financing offers from CNH Industrial Capital, starting in March. A few CPO units in the U.S. are already featured on the company’s North American website.
New Holland is already offering a handful of CPO units, including a few at dealerships in Saskatchewan and Manitoba, on its North American website.
CNH competitors John Deere and Agco have already announced similar CPO programs for their own late-model farm equipment, in August and December respectively. — AGCanada.com Network