In this episode, host Casey Seymour of Moving Iron LLC 21st Century Equipment sits down with Alan Hoskins, president of American Farm Mortgage in Lexington, Ky.
Casey and Alan start things off by discussing how Alan approaches the topic of depreciation costs vs. reconditioning costs with his banking customers when talking about making equipment purchases. How that conversation goes, Alan says, really depends on whether they are a long-term customer or a new customer.
Casey and Alan talk about customers who choose to do recondition their combine themselves vs. those who prefer the dealership handle the job. Alan notes that today, there are fewer and fewer farmers capable of doing combine repairs themselves. They also talk about dealership maintenance or technology programs that get factored into a farmer’s fixed costs.
And remember, we’ve got even more used equipment remarketing resources that we’re sending your way. In addition to this podcast, we’re also tapping into Casey’s expertise across ALL our informational channels. If you’ve got a question for Casey, submit a question and we’ll get Casey’s answer it on our Ask the Expert blog.
Sound Effects: Jahzzar - Magic Mountain