Buying and Selling Used Farm Equipment
It’s impossible to farm without the right equipment, and that equipment doesn’t come cheap. But there are alternatives to buying new, off the lot, at full retail price. There are bargains to be had. Like used cars, there is a healthy market for used farm machinery in USA. If you are looking to buy or sell, here are some basics you should know.
It’s impossible to farm without the right equipment, and that equipment doesn’t come cheap. But there are alternatives to buying new, off the lot, at full retail price. There are bargains to be had.
Like used cars, there is a healthy market for used farm machinery in USA. If you are looking to buy or sell, here are some basics you should know.
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Do the Research
Figuring out exactly what you’re looking for can help you negotiate price and avoid emotional and
financial stress down the line. This is probably not going to be any different than shopping for new
equipment. Simply focus on the features, components, and specs that you know you’ll need for the
work you have in mind. One of the hidden benefits of buying used farm equipment is that enough time
has likely passed for other buyers to have picked apart the machines and found exactly what’s wrong or
lacking in each model year. This can help you narrow down your choice and avoid equipment that won’t
be right for you regardless of its used condition.
Once you have a piece of used farm equipment in your sights, you can use your research skills to verify
the seller’s claims and equipment integrity. Start by asking the seller for any pertinent information or
documentation. Get the PIN or VIN so you can check its official documentation against what the dealer
offers. Most financing companies do their own background check, so you’ll have that to back you up if
you intend to finance, but it’s still a good idea to do your own research.
Equipment Inspection
With any piece of used equipment, you’ll want to inspect and test used farm equipment before making
a purchase. If you don’t consider yourself experienced of knowledgeable enough to perform an
inspection and ensure a working piece of equipment, don’t hesitate to bring along someone who does.
That might be a friend, neighbor, or a worker who’ll be operating the equipment. They can serve as an
advisor and help you deal with sellers and dealers who might be using less-than-honest salesmanship.
Any structural or mechanical issues should be immediate red flags, and if they don’t match up with the
picture the seller painted for you take an extra spoonful of hesitation. No used price tag is low enough
to make buying junk equipment worth it. Check controls, tires, and components for wear and match the
general condition against operating hours. Be wary of equipment (especially tractors and combines)
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