Posted In: Used Construction Equipment
Trade-in evaluation is always a difficult proposition for both the dealer and the end user. Owners and end users have a certain attachment to their equipment and invariably expect more than a dealer can allow in actual cash value. While on the dealer side, they can only offer what the open market will pay which essentially translates to the true value of the machine. So how does a dealer estimate the true value and what can you expect as you go through a trade-in process? Read on below for a full analysis on how Carter Machinery’s used equipment managers evaluate a trade-in.