Used Equipment: Market Values & Trends

Content of this column is based on actual local and regional pricing compiled by Greg Peterson, known to the industry as Machinery Pete. Since 1989, Machinery Pete has compiled more than 500,000 auction prices on used farm and construction equipment sold throughout North America. Peterson has built a network of 1,000 regional auctioneers, 600 ag lenders, 2,000 implement dealers and thousands of farmers throughout the U.S. and Canada.

ARTICLES

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Line of Delineation ­— The New Buyer

Last month I wrote an article entitled “Lines of Delineation.” In the article, I write about 6 different buyer types. New buyer, the late model low hour used buyer, high depreciation used buyers, 5- to 10-year-old used buyer, and the high hour used buyer. After reading the article, I am not sure one paragraph did each segment justice.
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2022: Late Model & Low-Hour Refined

2021 was uncharted territory that brought one surprise after another! 
Dealing with shortages, delays and uncertainty became the norm for dealers, customers and manufacturers. In addition, interim price increases, steel surcharges and freight increases made the equipment market a challenging place to navigate.


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