CE Fair Market Values Flat, But Higher vs. Past Years On the auction side, average FMV is up 17.3% above July 2021, and 2.3% above June 2020. At the start of the year, there was hope that rapid inflation would be in the rearview by the mid-year mark. For the first six months
Auction Activity Rebounds Crawler mounted hydraulic excavators top prevalence on May resale market. Construction equipment resale pricing continued a familiar trend in May 2022, with average FMV 4.6% higher than it was in May 2021. Prices were up 1% over April 2022 levels, in line with the month-over-month increase we saw last month.
June Podcast Explores Consolidation and More Listen in for some food for thought on whether you’ll eat or be eaten if the supply chain remains unchanged a year from now. Along with the rest of the world, the equipment business is becoming a strange twilight zone in which independents are experiencing
We Need to Talk … To Each Other Listen to the May podcast with Marlin Smith at TKO. What does IEDA need more of? IDEA SHARING. So says IEDA founding board member Marlin Smith, owner of TKO Equipment. Listen in as he discusses some of the big challenges independent dealers are
Customers Value Their Time “No one will buy a $250,000 machine online”! “But this is a relationship business!” I’ve heard those 2 comments repeatedly. First, Ritchie Brothers and Bidadoo have sold Billions (with a ‘B’) of equipment online, as-is where is. The crowd that clings to those two statements are missing the greater
December Podcast Guest: Take Ownership To Make Sure You Survive and Thrive! Ron Slee has been educating the construction equipment distribution industry for about 5 decades – in our latest podcast program, he shares strategies for dealing with skilled labor shortages … and a great deal more. The No. 1 ranking issue keeping business