2024 Farm Equipment Leasing Insights

With fluctuating market conditions challenging farm profitability, equipment leasing has become an increasingly popular option for farmers seeking flexible, cost-effective financing solutions.

AgDirect, one of the leading equipment financing programs in the nation, recently conducted a survey to understand leasing practices and preferences among farmers. The survey explores the current landscape of farm equipment leasing, including:

  • Leasing prevalence
  • Types of equipment leased
  • Reasons behind leasing decisions
  • Types of lease structures used
  • Likelihood to lease

Current Leasing Trends

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Types of Financing

Available for Tractors, Combines, Sprayers and Other Equipment Used in Agriculture.

New Equipment

AgDirect offers highly competitive loan and lease options on new ag equipment. Whether you are looking for a combine or tractor loan, or to finance other farm equipment, we've got you covered.

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Used Equipment

No matter how you buy used farm equipment -- through a dealer, auction, or private party -- AgDirect can help finance it, including two to seven year* terms and delayed payments (up to 15 months*).

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Refinancing

AgDirect is one of the few lenders that offers refinancing on farm equipment loans. Free up working capital and improve your financial position, especially during periods of low interest rates.

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* Subject to approval.

Learning Center

Agriculture is constantly evolving, which is why AgDirect® works to help you make the right decision for your operation when it comes to financing your next tractor, combine or other ag equipment.


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