I have been working with used equipment for 12 years. During that time, I've considered many different ways to value equipment. I have looked at building calculators based on dealer price and then assumed an average sale price.
In most cases off-color equipment is more difficult to get top dollar for. That being said, it really depends on that color’s dealer network in your immediate area.
Our expert Casey Seymour of Moving Iron LLC addresses the following question: With the ability to shop inventory to death on the internet, what do you guys do to make your inventory stand out and separate it from everybody else?
Our expert Casey Seymour addresses the best way to price used equipment and encourages one reader to look at the on-farm auction to get rid of equipment upon retirement.
To be a good Remarketing Manager/Used Equipment Manager you have to understanding how to read and react to trends. You also need to be able to forecast trends based on the current environment so you can predict the future.
The ag economy is fragile at best! Interest is creeping up, commodity prices are soft, and the ability to make profit is a struggle day-in-day-out. This is not something new. Producers across North America have faced a declining economy since 2013. Each year has been harder than the year before.
Inaccurate machine reconditioning can completely wreck inventory. If the estimate during the sales process is too low or something was missed, the end result could be a loser for the dealership. If the Recondition Estimate is exceeded, the unit could be sold for a loss.
Inaccurate machine reconditioning can completely wreck inventory. If the estimate during the sales process is too low or something was missed, the end result could be a loser for the dealership. If the Recondition Estimate is exceeded, the unit could be sold for a loss.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
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.
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.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.