Items Tagged with 'used equipment'

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Are We Headed Back to the 2014 Used Equipment Glut?

According to Iron Solutions’ Director of Data Services and Software Development Cameron Hurnard, things aren’t quite as grim as they were 8 years ago. However, some of the same issues that caused the 2014 used equipment glut need to be monitored now and in the future.
Many dealers remember how used equipment began to sit on lots in 2013-14, driven by rising commodity prices, low input costs and a notable increase in the supply of new equipment. This spelled trouble for the used market, with some equipment sitting for over a year before it moved.
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Higher Farm Income, Sluggish Supply Chains Push Up Equipment Prices

“Farmers have disposable income, so they have money to spend it on and the tax laws really, really favor purchasing equipment,” Gary Schnitkey, a professor of farm management at the University of Illinois said. “Manufacturers are having difficulty keeping up with the demand.”


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Claas of America Introduces Used Equipment Program

Claas of America announces Claas Used, a pre-owned equipment program for North America that combines the performance and efficiency of a Claas machine, with professionally inspected and protected “Certified” units and special low-rate financing through Claas Financial Services.
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Ask the Expert

Here’s to New Beginnings

If I have heard this joke once, I have heard it a thousand times. “The best thing about 2020 is that it over!” 2020 was a year filled with challenges — everything from a pandemic to someone paying you to take their oil, literally.
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Used Equipment Remarketing Roadmaps

[Podcast] Sitting Down with Mark Stock of BigIron Auctions

In this week’s episode we take a break from our regular content to visit with one of 2020 Virtual Dealership Minds Summit Sponsors, Big Iron.
In this week’s episode we take a break from our regular content to visit with one of 2020 Virtual Dealership Minds Summit Sponsors, Big Iron. Julia Gerlach caught up with Mark Stock, cofounder of the auction company. During their conversation, Mark shares some background on Big Iron and how they’ve seen the auction market change.
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Kim Schmidt

Third Quarter Used Equipment Check In

It’s hard to say if this has been the slowest year ever, or the fastest. It’s definitely been the weirdest. Now that we’re into the second half of the year, it seems like a good time for a status check. How does your used equipment inventory look compared to the start of the year?
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Pillar 1: Centralized Appraisal Process

Ask the Expert: Step Aside if Emotions are Tied to a Trade

In my last article, I wrote about the importance of using the used equipment/remarketing manager to understand the current market conditions and outside influencers. Below are the three functions of Pillar One, the Centralized Appraisal Process, that I find most important. 


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