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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He also recommends creating videos that share the same messages. Peterson notes that video
uploading and sharing services, such as YouTube, are free. With videos, buyers can hear directly from
sellers, adding an even more personal touch to the already personalized information.
We will also add that using video services like YouTube makes for an incredibly easy way to share the
videos to other platforms, such as listing websites and social media platforms.
Classifieds
Classified ads can be easily personalized up front, Peterson writes, by stating first whether the seller is
the original, second, third, etc. owner of a piece of equipment. Get the needed specifications in the
classified, then end with a more personal note again connecting the seller to the equipment. Consider
stating how well the equipment performed for you.
Finally, if an option, Peterson recommends submitting a picture of both the equipment and seller in the
classified to add an even deeper personal touch.
iii.
The Key to Profitably Buying and Selling Used Equipment
Shortline machinery dealer Big Equipment in West Havre, Mont., is profiting from buying and selling
used equipment, which amounts to 75% of the dealership’s total revenue, in a time when many dealers
are struggling to move used equipment off their lots. But Ron Harmon, owner, says there’s a key
difference to the way Big Equipment buys used equipment that sets the dealership apart from many
other major line equipment dealers.
“The average age of a piece of used equipment on my lot is well over 20 years old,” he says. “I have a
few pieces that are about 5 years old, but I’m not the guy who makes deals with customers to trade in
their 3 year old combines every other year for a low ball figure.”
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