Skip to content
Contact Us
  • There are no suggestions because the search field is empty.

Can I use a trade-in as a down payment for John Deere Financial?

Yes, you can use the value of your trade-in as all or part of your down payment when financing equipment through John Deere Financial at Koenig Equipment.

When you trade in your current equipment at Koenig Equipment, the appraised value of your trade-in can be directly applied toward the down payment required for your new John Deere purchase. This process reduces the amount of cash you need upfront and lowers the total amount you need to finance.

For example, if a financing offer requires a 25% down payment, you can meet this requirement by combining your trade-in value with any additional cash you wish to apply. In many cases, customers use their trade-in value to cover the entire down payment, making it easier to upgrade equipment with minimal out-of-pocket expense.

Learn more and apply for financing > 

Key Points to Know

  • Trade-in value is applied as a down payment: The appraised value of your old equipment can be used to satisfy all or part of the down payment requirement for John Deere Financial offers

  • Reduces cash you need up front: Using a trade-in helps lower your initial out-of-pocket costs when purchasing new equipment

  • Flexible options depending on your finance promotions: Trade-in value can be combined with current financing offers, including low- or zero-down payment promotions, depending on the terms of the specific offer

  • Can be applied both for new and used equipment: This option is available whether you are purchasing new or used John Deere equipment through Koenig Equipment

How Does This Work? 

  • What's your equipment worth? Contact Koenig Equipment for a professional appraisal.

  • Equipment trade-in value: The trade-in value is determined and applied directly to your purchase.

  • Applying that trade-in value to your Finance Application: The amount financed through John Deere Financial will be reduced by your trade-in value (and any additional cash down payment, if needed).

  • Approval from John Deere Financial: Financing is subject to credit approval and the terms of the specific John Deere Financial program you select.