New Holland Workmaster 120 Financing
utility tractors · Est. Market Price $80,995 · More New Holland financing
Updated
New Holland's Workmaster 120 is a mid-size utility tractors machine, spec'd with a 120hp engine and 8,370 lb operating weight.
Structured as a $1-buyout capital lease over 60 months, you own the Workmaster 120 outright at the end of the term — the payment below amortizes the full purchase price plus the doc/origination fee. At an estimated $80,995 purchase price, lenders typically treat this price band as low-risk, which tends to translate into faster approval turnaround.
Estimated Monthly Payment
Estimated Commercial APR including doc/origination fees. Adjust the slider to personalize the rate for your credit tier.
$1,647.73/mo
Base APR: 7.75% · 60 months
| Month | Payment | Principal | Interest | Balance |
|---|
Asset Specifications
| Make | New Holland |
| Model | Workmaster 120 |
| Category | agriculture |
| Subcategory | utility tractors |
| Horsepower | 120 hp |
| Operating Weight | 8,370 lbs |
| Estimated Market Price | $80,995 |
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 | $80,995 |
| 2026 Section 179 Cap | $2,560,000 |
| Eligible Deduction | $80,995 |
| Federal Corporate Tax Rate | 21% |
| Estimated Tax Savings | $17,009 |
| Effective After-Tax Cost | $63,986 |
Frequently Asked Questions
What is the estimated monthly payment for a financed New Holland Workmaster 120?
An estimated $1647.73/month over 60 months at a base APR of 7.75%, including a $750.00 doc/origination fee.
Is the New Holland Workmaster 120 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.
What is the typical resale or auction value for a New Holland Workmaster 120?
Estimated 5-year residual value is approximately 38.5% of MSRP.
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