Dealers Say Used Equipment Inventory Remains ‘Too High’

A significant, but unexpected uptick in North American tractor and combine sales in October is creating concerns with dealers about a build-up of used equipment taken in trade. In October, combine, row-crop, 4WD, mid-range and compact tractor unit sales increased 40.5%, 27.9%, 32.7%, 16.8% and 25.1% year-over-year, respectively, and strong sales trends continued into November and December.

On the upsurge in new equipment sales and its impact on trades, one dealer explained, “Even though I…

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