Where do secondhand machinery dealers source their stock

[onthehoof]

Always wondered, I know some buy from auctions but there never seems to be much margin for profit yet most run around in newish range rovers

 

[ffukedfarmer]

Always wondered, I know some buy from auctions but there never seems to be much margin for profit yet most run around in newish range rovers

If you go to every auction you'll always catch a bargain.

Other than that they underwrite trade-ins for the large dealers.

 

[Still Farming]

Heard some tractor dealers have tractors in to do work on and when send big bills more than items worth ,for work, people say keep them allegedly???

 

[Sharpy]

Heard some tractor dealers have tractors in to do work on and when send big bills more than items worth ,for work, people say keep them allegedly???

Can't see the big boys doing that, paying a man £15 hr and charging him at £75 would tend to leave enough behind surely?

 

[Still Farming]

Can't see the big boys doing that, paying a man £15 hr and charging him at £75 would tend to leave enough behind surely?

Leave em too it ,as we will never get the answer?

 

[Smith31]

Always wondered, I know some buy from auctions but there never seems to be much margin for profit yet most run around in newish range rovers

A new Range Rover is only around £400 a month

 

[DanniAgro]

Always wondered, I know some buy from auctions but there never seems to be much margin for profit yet most run around in newish range rovers

That not what I've noticed about auctions and dealers purchasing the tack. If I recognise the dealer it's always good fun to look at his website and see how much he's whacked on top of the original price. Machines that really don't need much more than a steam clean and polish gain 25% plus.

 

[vantage]

Trade ins, auctions , repossessions, out of the skip. Take your pick!

 

[Still Farming]

That not what I've noticed about auctions and dealers purchasing the tack. If I recognise the dealer it's always good fun to look at his website and see how much he's whacked on top of the original price. Machines that really don't need much more than a steam clean and polish gain 25% plus.

Like Antique sellers on Salvage hunters?

 

[Bullring]

That not what I've noticed about auctions and dealers purchasing the tack. If I recognise the dealer it's always good fun to look at his website and see how much he's whacked on top of the original price. Machines that really don't need much more than a steam clean and polish gain 25% plus.

I agree and I also don't believe the regular dealer buyers at auction pay commission at the rate we do. Down here it's anywhere between 5-10% commission.

 

[Horn&corn]

The local chap here is known by the local land agents and goes in to clear farms for people if they go sick, end tenancy, bankruptcies, death or the like. Pays significantly less than it would make in farm auction but zero hassle for seller or commission. Also council sell direct to him and local dealers send on part ex directly to him just sold off pictures. Wash it off, on eBay, get enough in the yard to fill an artic for export. Job done.

 

[Dave W]

Heard some tractor dealers have tractors in to do work on and when send big bills more than items worth ,for work, people say keep them allegedly???

Did the man who told you that try to sell you some magic beans as well?

 

[Dave W]

I never realised that driving a Range Rover was the mark of earning a lot of money

 

[solo]

I never realised that driving a Range Rover was the mark of earning a lot of money

Only for the vane people

 

[Still Farming]

I never realised that driving a Range Rover was the mark of earning a lot of money

Spending money more like it, is it???

 

[Dave W]

Spending money more like it, is it???

That doesn't make sense

 

[Still Farming]

That doesn't make sense

You got spend to buy ?

 

[yin ewe]

I never realised that driving a Range Rover was the mark of earning a lot of money

Part of the image- wouldn't look good if he turned up in your yard trying to sell some shiny kit that you can't do without in a dacia sandero.

 

[Dave W]

Part of the image- wouldn't look good if he turned up in your yard trying to sell some shiny kit that you can't do without in a dacia sandero.

He wouldn't be selling me much

 

[goodevans]

That not what I've noticed about auctions and dealers purchasing the tack. If I recognise the dealer it's always good fun to look at his website and see how much he's whacked on top of the original price. Machines that really don't need much more than a steam clean and polish gain 25% plus.

Is that before they have been through the second auction involving the ring though