New Holland Workmaster 105 Financing Calculator
utility tractors · Est. Market Price $68,000 · More New Holland financing
Updated Cross-checked against 1 government/public rate source
Buyers comparing utility tractors options will find the New Holland Workmaster 105 spec'd as a mid-size machine, running a 105hp engine and 8,200 lb operating weight.
Compared against every other utility tractors page on this site, the New Holland Workmaster 105's 105hp puts it at the lighter-duty end of the horsepower range for utility tractors models tracked here. By operating weight, it comes in at 13% of the heaviest utility tractors model in this dataset.
The numbers below assume a 60-month $1-buyout capital lease on the $68,000 Workmaster 105: $1,390/mo at an estimated 7.87% APR, ending in full ownership rather than a residual payoff. For financing at this level, this is a common "app-only" financing range for lenders serving small and mid-size contractors. Across the full 60-month term, total payments come to $83,384 — about $15,384 above the $68,000 cash price, which is the real cost of financing instead of paying up front.
At an estimated $1,390/month, this ranks #15 of 32 by estimated payment among currently priced utility tractors models — 32% below the utility tractors average of $2,040/mo.
On the tax side, this $68,000 purchase is Section 179-eligible under the 2026 cap of $2,560,000, and 100% bonus depreciation -- back in effect for equipment placed in service after January 19, 2025 -- means a qualifying buyer could potentially deduct the entire $68,000 in the year it's placed in service rather than depreciating it over several years, subject to the buyer's own taxable income and CPA sign-off.
Estimated Monthly Payment
Estimated Commercial APR including doc/origination fees. Adjust the slider to personalize the rate for your credit tier.
$1,389.73/mo
Base APR: 7.87% · 60 months
| Month | Payment | Principal | Interest | Balance |
|---|
Section 179 Tax Deduction Matrix
Estimates for illustrative purposes only. Consult a certified CPA to determine actual Section 179 depreciation. Source: IRS Publication 946 .
| Estimated Equipment Price | $68,000 |
| 2026 Section 179 Cap | $2,560,000 |
| Eligible Deduction | $68,000 |
| Federal Corporate Tax Rate | 21% |
| Estimated Tax Savings | $14,280 |
| Effective After-Tax Cost | $53,720 |
Asset Specifications
| Make | New Holland |
| Model | Workmaster 105 |
| Category | agriculture |
| Subcategory | utility tractors |
| Horsepower | 105 hp |
| Operating Weight | 8,200 lbs |
| Estimated Market Price | $68,000 |
| Fuel Tank Capacity (gal) | 24 |
Real-World Market Reference
An independent data point from a public government source — not our own estimate.
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Frequently Asked Questions
What is the estimated monthly payment for a financed New Holland Workmaster 105?
An estimated $1389.73/month over 60 months at a base APR of 7.87%, including a $750.00 doc/origination fee.
Does the estimated payment change based on credit score?
Yes. The calculator above has 5 credit tiers, each adjusting this machine's 7.87% base APR: Subprime 12.37%, Fair 10.37%, Good 7.87%, Very Good 7.12%, Prime 6.37%. "Good" is the default tier shown; drag the slider to see the exact payment at your tier.
Is the New Holland Workmaster 105 eligible for a Section 179 tax deduction?
Yes. Under the 2026 Section 179 cap of $2,560,000, qualifying businesses may be able to deduct the full purchase price in the year it's placed in service, subject to CPA verification.
Does 100% bonus depreciation apply to a financed New Holland Workmaster 105?
Bonus depreciation was restored to 100% for equipment placed in service after January 19, 2025, and it applies more broadly than Section 179 -- it isn't capped by the $2,560,000 Section 179 limit and generally isn't affected by a business's Section 179-eligible income limit. Financing rather than paying cash doesn't disqualify a purchase from this: the full $68,000 placed-in-service cost is typically what counts, not the amount actually paid that year. Confirm applicability with a CPA before filing.
What's the total cost of financing this New Holland Workmaster 105 versus paying cash?
Over the full 60-month term, estimated payments total $83,384 -- about $15,384 more than the $68,000 cash price. That difference is the estimated cost of financing (interest plus the $750.00 doc fee) rather than paying up front.
How much would a down payment lower the monthly payment on this New Holland Workmaster 105?
Putting 10% down ($6,800 on this New Holland Workmaster 105) reduces the estimated payment from $1,390/mo to roughly $1,252/mo at the same 7.87% estimated APR -- a real reduction, since a down payment lowers the amount actually financed rather than just the sticker price.
What is the typical resale or auction value for a New Holland Workmaster 105?
Resale value data is not yet available for this specific model.
What does a New Holland Workmaster 105 rent for?
Iowa State University Extension Farm Custom Rate Survey (March 2024) — machine-rental value (no operator/fuel), 0.32/hp/hour × 105hp lists a current rental rate of $33.60/hour for this machine — a real published rate, not our own estimate.
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