Knowing that many farm equipment dealers have tried to avoid auction services in the past, but with the current heavy backlog of used machines on their lots, we asked them if they utilized a commercial auction service either public or online to reduce their inventory of used equipment during 2014?
Rick Rusin, Used Equipment Remarketer for Champlain Valley Equipment (headquartered in Middlebury, Vt.), manages the upkeep of a used equipment spreadsheet with the entire company's used inventory. The spreadsheet is a great resource for all salesmen.
We recently completed our monthly survey of N. American Ag equipment dealers and had several discussions with large ag dealers in the farm belt. While it's not surprising to hear that price realization on new equipment continues to be strong, what is surprising to dealers over the last few months has been the strength in used equipment values.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.