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Farm Equipment
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October/November 2020
Volume: 58
Edition: 8
Profit-Turning trades
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Table of Contents
Table of Contents
2021 Dealer Business Outlook & Trends SummaryDealers Forecast Revenue, Unit Sales Growth for 2021
After a unique and difficult year, dealers are reporting they beat last year’s forecasts for 2020 and are indicating 2021 will see even more growth.Read More
High Risk, High Reward — Dealers Tackle Used Business with Profit-Turning Trades
Dealers share their top strategies for profitably managing their used equipment business, with a heavy focus on using data in the valuation process.Read MoreKeys to Keeping Used Equipment Inventory Clean and Moving
For Burnips Equipment, a necessary realization put them on the path to streamlining used machinery management and cutting inventory levels in half, while more than tripling turn rates.Read MoreProcess & Consistency Keep Used Equipment Business Moving
Jim Wood, chief sales and operations officer, explains how Rocky Mountain’s dedication to its processes and documentation have helped control the 36-store dealership’s used equipment inventory.Read MoreOptimizing Your Used Combine Business Through Data-Tracking
Trent Hummel breaks down how dealers can use hard data to get a handle on their used markets and make smart decisions with their used combine inventories.Read More9 Tips for Successfully Selling Used Equipment Overseas
Dealers offer advice on how to get involved in moving used equipment internationally, but warn that it does come with risks.Read MoreWorking with Your OEM to Move Used Inventory
Scott Hoober, owner, Hoober Inc., has leveraged his OEM relationship to help manage their used equipment. inventory.Read More7 Tips for a Successful Dealer Auction
Doing your research when it comes to auction companies, setting realistic expectations and selling a mix of farm equipment inventory are just a few recommended tactics.Read More
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Featured Articles
Featured Articles
2021 Dealer Business Outlook & Trends SummaryDealers Forecast Revenue, Unit Sales Growth for 2021
After a unique and difficult year, dealers are reporting they beat last year’s forecasts for 2020 and are indicating 2021 will see even more growth.Read MoreHigh Risk, High Reward — Dealers Tackle Used Business with Profit-Turning Trades
Dealers share their top strategies for profitably managing their used equipment business, with a heavy focus on using data in the valuation process.Read More -
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Farm Equipment Videos
AGCO Aims for $2 Billion in Precision Ag Business by 2029
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
Top Directory Listings
Yetter Farm Equipment
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.
Machinery Scope
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
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.