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Equipment dealer, business question.
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bmcpherson
Posted 2/15/2009 17:44 (#610139 - in reply to #610131)
Subject: Re: Equipment dealer, business question.



That is a first for me. Normally the longer the piece of used inventory sits on the lot the cheaper it gets in order to get rid of it. Especially if it is a deere floor planned piece of inventory. That means that pieces is accruing interest on a monthly basis. The longer it sits the more it is costing the dealer to sit there. Thus you think that they would want to cut there losses on a piece that is not moving fast.

That is the way we did it a the dealer I worked for out of college.

Brad
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