- Monarch Tractors’ MK-V electric tractor offers 0% financing through September 30, 2024, making it more affordable for farmers.
- The MK-V tractor features WingspanAI for farm management, vehicle tracking, and remote fleet control, boosting efficiency.
- California farmers can get up to $68,750 off the MK-V through the CORE voucher program, lowering upfront costs.
Farmers are facing tough choices when it comes to upgrading their equipment due to rising costs and high interest rates. However, Monarch Tractor offers a solution with its fully electric, driver-optional MK-V model, which provides both financial and environmental benefits.
Thanks to a new partnership with Balboa Capital, farmers can now access 0% financing on the MK-V tractor. This electric tractor runs on a battery and is already helping to improve farming.
Monarch Tractor is making it easier for farmers to invest in high-tech equipment with four financing options, including 0% for 24 months. These options help reduce the financial burden of purchasing the advanced MK-V tractor. You can choose from 0% for 24 months, 3.9% for 36 months, 4.5% for 48 months, or 5.5% for 60 months, making advanced agricultural technology more affordable when it’s needed most.
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“High interest rates are making purchases challenging, especially for farmers,” says Matt Hesse, Vice President of Sales at Monarch Tractor. “The industry has been slowing purchases of capital equipment. Giving farmers access to low-rate financing for a tractor proven to improve farm efficiency and profitability is a response to a real need.”
It’s no secret that farming is evolving. Technology is changing traditional farming methods. Enter the MK-V. Monarch’s electric tractor marks a move toward precision farming, where data, efficiency, and sustainability guide every choice.
MK-V Electric Tractor is Smart, Emission-Free Farming at Your Fingertips
With its built-in Wingspan Ag Intelligence (WingspanAI) technology, the MK-V electric tractor offers farmers a remote fleet management system, real-time updates, and task performance tracking. Think of it as having your entire farm at your fingertips. From tracking crop conditions to scheduling maintenance, it turns what was once tedious into streamlined decision-making.
Agricultural technology is entering a new phase, allowing farmers to remotely control tractors and make smarter, data-driven choices that boost crop yields and minimize waste.
The MK-V is designed to handle everything from mowing and tilling to feed pushing, all while running emission-free. And don’t forget about safety—the MK-V takes protection to the next level, helping to prevent common tractor-related injuries on the job.
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Affordable Sustainability for Regenerative Farmers
As farming shifts to regenerative practices, sustainability is a must. Monarch’s EV tractors make it easier and more affordable for farmers to adapt. The MK-V offers great returns by lowering fuel and maintenance costs. For farmers wanting to cut both costs and carbon emissions, the MK-V is an ideal choice.
California farmers can benefit from more than just 0% financing. Programs like the Clean, Off-Road Equipment Voucher Incentive Project (CORE) offer up to $68,750 off the retail price of an MK-V, giving farmers immediate savings at the time of purchase. Additionally, the federal NRCS EQIP program helps farms nationwide see a quicker return on their MK-V investment.
Proven Savings, Zero Emissions, and 0% Financing for Smarter Farming
Constellation Brands, a global wine producer, implemented Monarch’s MK-V tractors into their operations and saw tangible benefits. In just eight months, they logged over 1,700 hours of EV tractor operations, saving more than $16,000 in energy costs and cutting 8,000 kg of CO2 emissions. These are the kind of numbers that make farmers stand up and take notice.
Despite slow adoption of new equipment due to rising interest rates and market uncertainty, Monarch is stepping up to help farmers make the switch. Their 0% financing offer shows a strong commitment to addressing farmers’ needs. Monarch is dedicated to empowering the agricultural community to adapt and succeed in today’s changing landscape. With this financial accessibility and Monarch’s advanced technology, it’s clear that the MK-V is setting a new standard in the ag market.
For farmers looking to future-proof their operations, Monarch Tractor is the smart choice—one that allows you to farm more efficiently and sustainably, without sacrificing performance.
MK-V Electric Tractor Specs
| MK-V Standard | MK-V Dairy | MK-V Utility | |
| Price (Starting) | $88,998 | $95,998 | $98,998 |
| Peak Motor Power | 70 HP | 70 HP | 70 HP |
| Drive | 4 Wheel Drive | 4 Wheel Drive | 4 Wheel Drive |
| PTO Power | 40 HP | 40 HP | 40 HP |
| Charge Port | J1772 Type 1 (up to 80 A) | J1772 Type 1 (up to 80 A) | J1772 Type 1 (up to 80 A) |
| 3-Point Hitch | CAT I/II | N/A | N/A |
| Blade Length | N/A | 6 ft | N/A |
| Blade Angles | N/A | 60-degrees | N/A |
| Lift Height | N/A | N/A | 110 in |
| Lift Capacity | N/A | N/A | Up to 1700 lbs |
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IMAGES: MONARCH TRACTORS
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