It’s no secret that there’s too much used equipment on North American farm equipment dealers’ lots these days. While dealers are making strides in reducing their equipment inventory build up, correctly valuing used equipment is key to properly managing inventories now and in the future.
Rick Rusin, used equipment remarketer and salesman working out of CVE's Berlin, Vt., store, hasn't quite had a year under his belt in the equipment business.
Working with two French farm machinery dealerships, a Dutch company, M4a-auctions, will be introducing its first services in France later this month (March 25-28).
Moderated by John Schmeiser, CEO, Western Equipment Dealers Assn., the roundtable on lessons learned from the recent tough times received good and candid participation from dealers of many types, colors and sizes throughout North America.
Trends with used farm equipment values are always top of mind with me as I pour through the different types of data (auction price data, dealer listing price data, search traffic data) our Machinery Pete business churns out daily. There are two trends I want to pull forward and touch on here with you as the calendar flips to March 2017.
The auction price caught my eye as soon as I saw it: $39,000 for the 2013 John Deere 569 round baler on a Nov. 3, 2016, farm auction in central North Dakota.
More often than not, when my office phone rings it’s someone who wants to talk about the situation with used equipment. We even got a call last week from someone in London asking about it.
John Deere and Case IH are dominant players in farm equipment, but it’s a big wide world out there, with every color of the rainbow equipment selling daily all across North America.
Replacing a paper process, Hoober uses Flowfinity mobile app software to automate the field data collection process to improve efficiency and save time.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at how the latest round of interest rate cuts will impact dealers’ floorplan payments.
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.
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