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Dealer canceling PO/ mahcinery deal
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PLO NW MN
Posted 8/31/2024 22:20 (#10874156 - in reply to #10873573)
Subject: RE: Dealer canceling PO/ mahcinery deal



NW MN
jd4930 - 8/31/2024 10:53

There was a deal like that on steffes a few weeks back. Not sure how many seen that 8850 sell for $140k on that ramstad sale in Minnesota but the same guy bought that tractor, 9770 combine and a couple smaller items and didn't pay for anything so steffes had to resell it at a pretty substantial loss


Substantial loss or just lower final selling price? I doubt Steffes payed the seller the original auction proceeds when there were no proceeds on those items.

Can you have a loss when it was never sold? And the bidding was essentially tainted by a bad bidder.
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