Avoiding Lot Rot

Lot Rot

It’s hard to find something ag dealers fear more than “lot rot”. You’ll also never find a finance manager who’s comfortable watching used inventory depreciate month after month all while the selling season is ticking away. No dealer wants to be caught in a situation of cutting losses by sending equipment to auction. Not only […]

Fighting Truck Depreciation: Getting Used Equipment Off Your Lot

Truckers talking in lot

As you might already know, build rates and new equipment sales for tractor trucks are down, and they’re predicted to stay that way for most of 2024. The freight industry has slowed and carriers have stopped making large order commitments. If you’re a heavy truck dealer, that can put a strain on your business. But […]