Posted by Showcrop on August 25, 2010 at 03:51:56 from (173.13.101.61):
In Reply to: Dealer Markup posted by GAC on August 24, 2010 at 20:13:14:
Now wait a minute here, does he go to a used equipment warehouse to get this stuff on his lot? Or does he have to buy it at sales and here and there from many different people in many different situations? Does what he pays establish the value? Of course not. the market establishes the value, and he has to be constantly aware of the market. My experience with selling used stuff has been, here and there you can buy well and make a good profit, Sometimes you get taken, or there turns out to be a big problem that you have to spend more than you can make on a piece to fix. Most of the time you are trying to just make a fair mark-up to keep the lights on. I think it best to rely on the guy's rep and your relationship with him and your awareness of the market and you make or keep a friend and you both prosper.
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Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
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