Knowing that many farm equipment dealers have tried to avoid auction services in the past, but with the current heavy backlog of used machines on their lots, we asked them if they utilized a commercial auction service either public or online to reduce their inventory of used equipment during 2014?
Large earth-moving equipment is needed to build western North Dakota cities and roads, and to extract the oil responsible for the growth of cities like Dickinson, Williston and Watford City.
Moving used equipment and keeping inventory fresh is vital to the financial success of any dealership. However, it's no secret that doing so can be easier said than done. For Johnson Tractor the solution is a dealer-run auction at its Juda, Wis., location.
We recently completed our monthly survey of N. American Ag equipment dealers and had several discussions with large ag dealers in the farm belt. While it's not surprising to hear that price realization on new equipment continues to be strong, what is surprising to dealers over the last few months has been the strength in used equipment values.
Titan Machinery introduced a new concept to the used equipment market in 2006 with its Titan Outlet Store. The outlet handles 900-1,000 units of used equipment each year with at-cost pricing and no-trade ins philosophy. Its goal: Assist Titan's ag retail stores to manage used equipment inventory while holding the company's equity together.
Equipment dealers from all over Minot, N.D. — Gooseneck Implement, Butler Machinery Co, and Titan Machinery — sent employees down to pitch in to help Minot’s Magic City Implement.
In this episode we look at the potential impact Hurricanes Helene and Milton will have on ag production as well as the dealers and manufacturers in the impacted region.
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.
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.