Machinery Pete’s Resale Tips: Transmissions, Tires and Sheds

Focusing on these factors and highlighting them when preparing to sell used farm equipment can help you get top resale value, Greg Peterson says.

Bragging isn’t generally the best way to win friends. But when it comes to selling used farm equipment, Greg Peterson (aka Machinery Pete) says you shouldn’t hesitate to share key details that will wow prospective buyers.

Be sure to tell people about transmissions, tires with high-quality rubber, equipment that has been protected in a shed and equipment for which you are the original and sole owner.

“If you were selling, pull that forward in any listing you would do,” Peterson explains. “Put that transmission right up front in your description. Tires are a huge factor. Rubber is just so expensive these days that if, say, your tractor’s got 85% to 90% rubber and it’s seven to eight years old, you’ve got to just shout that right from the mountaintop.”

Click the play button below to hear Machinery Pete’s tips on those factors and more from the 2014 National Farm Machinery Show:


Click here for complete coverage of the 2014 National Farm Machinery Show.


AgWeb-Logo crop
Related Stories
Record prices for older, low-hour tractors highlight strong demand as farmers look for alternatives to the price tag of new machinery.
A 2013 Kubota M135GX, 2013 Bobcat S590 and a John Deere 4840 find new highs on the auction trail.
Trucks headline a diverse Iowa estate auction that also featured a 1981 IH 3288 that sold for $36,000.
Read Next
Top Story
An online memorial auction on Sept. 4 honors Adam Massman, the 17-year-old quarterback and cattle showman who touched lives from the football field to the showring.
Get News Daily
Get Market Alerts
Get News & Markets App