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CW Asset Finance | Vehicle & Equipment Finance Yorkshire

Groundcare · Members’ Club

Buying used, paying down early: a golf club’s trim mower

Three weeks from enquiry to payout, professional-grade machinery on the course for a fraction of new, and a monthly figure sized to what the club wanted to carry.

A greenkeeper driving a cylinder mower beside a putting green
£10,000Deposit contributed
5 yearsHire purchase term
UsedMachine condition

The situation

A members’ golf club replacing its trim and surrounds mower. The machine it settled on was a used John Deere 2653B PrecisionCut, bought through a specialist turf dealer at just over £28,000.

The challenge

Course machinery is the largest capital item most clubs face, and it tends to get replaced under pressure — when something fails mid-season and play is affected. Buying at that point means taking whatever is available rather than the right machine.

  • Buy new — a considerably larger outlay for a machine class whose specification has not moved materially in years.
  • Outright purchase from reserves — possible, but commits cash the club may want available across the quieter months.
  • CW Asset Finance route — fund a well-chosen used machine and let the club set the deposit.

What we did

Two lenders were approached and the deal was placed with the first to come back with terms. The club contributed £10,000 — more than a third of the purchase price — and financed the balance over five years, which brought the monthly commitment down materially and reduced the total cost of the finance.

Buying used is a considered choice here rather than a compromise. Greens and surrounds machinery is built for a service life measured in decades and the secondhand market is well supplied by clubs working through replacement cycles, so lenders who know turf machinery price the residual accordingly.

Key outcome

Three weeks from enquiry to payout, professional-grade machinery on the course for a fraction of new, and a monthly figure sized to what the club wanted to carry.

“A club that plans its machinery replacement can buy the right machine at the right point in the year. A club that waits for something to fail buys whatever is on the forecourt the week it breaks, usually in the middle of the season.”

— Conor, CW Asset Finance

Every application is assessed on its own merits and all finance is subject to status and lender approval. This is one client’s outcome and is not a guide to what any other business will be offered.

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