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Used Machinery Market Talk- How do these Inventory Reduction Auctions work out for JD dealers?
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olivetroad
Posted 6/14/2024 09:24 (#10774274 - in reply to #10772904)
Subject: RE: Used Machinery Market Talk- How do these Inventory Reduction Auctions work out for JD dealers?


Kingdom of Callaway - Fulton, Mo 65251
John Smith - 6/13/2024 04:25

Somehow it seems like some dealers do not maintain a used inventory.
They have minimal amount of used inventory on hand at any given time.
What is there is late model equipment.
And then there are used equipment jockey with acres and acres of used equipment.
Starting to think that, the new equipment dealers consign anything that is not nearly new, to the used equipment jockeys.
No idea how the used guys bankroll that much inventory?



We get a lot of stuff in at our equipment lot that comes from out of area because local dealer doesn't want it in his territory, he would rather sell new. Our used inventory is built on years of past profits (when there were profits!)
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