IRON Solutions, publisher of Official Guides, recently announced new enhancements that add more value to its guides of used equipment values.
"By adding more value to our guides, we offer the gold standard in data," says Dallas Blome, vice president, Guides. "When making equipment deals, we realize weak or old data costs dealers money. That's why we've enhanced our data and offer the only guides with current, deep, regionalized and option-specific equipment data for the equipment industry."
"Reported sales are received on a daily basis from equipment dealers, auctioneers and industry sources, which represent the most current and accurate equipment values," continues Blome. Moreover, since IRON Solutions' formation, dealerships throughout North America have nearly doubled the number of reported transactional sales to the Official Guides. "Plus, we've added 53 percent more models in the guides and boosted serial number listing by 20 percent," adds Blome.
Blome leads a team of editors that, for every reported equipment transaction, adjusts reports for options, hours and condition to normalize each piece of equipment's net value. "Our team goes to great depths to mine the data, resulting in the gold standard data we publish, providing the industry with accurate resale and wholesale values for each machine," says Blome.
IRON Solutions Official Guides are sold in seven regionalized volumes throughout North America, providing the most specific geographical variances in equipment values. The Official Guides help customers make purchasing decisions, determine fair transaction values, guide dealers' trade-in valuations and support responsible equipment financing.