In this segment, Dr. Jim Weber dives into the estimations of deteriorated value for differently priced used equipment after 45, 90, 180 and 365-day intervals on the lot, and how the difficulty of the market can dictate margins per sale. He goes on to discuss how attaining higher margins on new equipment than used equipment is unacceptable, and what dealerships can do to avoid that scenario.
This video series is sponsored by Montag Manufacturing, your fertilizing equipment line of choice. Montag’s innovative solutions bring value to your customers by reducing rate, increase yield and assist in stewardship goals. Learn more »