Posted by kyplowboy on August 25, 2010 at 07:45:14 from (98.93.3.69):
In Reply to: Dealer Markup posted by GAC on August 24, 2010 at 20:13:14:
Most of the things I see go at auction then end up in Fastline/USFarmer/Tractorhouse are marked 50 to 100% if they are bought for less than $10,000. One local jockey won't buy a tractor under around $12,000 to $15,000 if he can't put new tires on it and double the price.
As for tradeins, the only one I have any idea about is the local NH dealer. Often times he will have hay equipment marked up only 10% or a little more (depends on what it is) because he makes his money on new stuff and gives good money for trades. I know my grandfather traded disk mowers with him a year and a half ago, he gave $3,000 for the used one and had it on the lot ask'n $3,500 for it. I am sure he would have sold it for less.
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