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Webinar on minimizing risk and ‘lot rot’ in used-equipment sales

Registration now open for Equipment Finance News’ Oct. 22 webinar

Johnnie Martinez IIbyJohnnie Martinez II
September 30, 2024
in News
Reading Time: 2 mins read
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Equipment Finance News is pleased to present the webinar, “Used equipment financing in 2025 as markets normalize,” on Tuesday, Oct. 22, at 11 a.m. ET.   

Register for the free webinar here.   

In this free, 45-minute discussion moderated by EFN Editor Johnnie Martinez II, industry leaders will address the discuss the issue used equipment represents for many dealers from a liquidity and a lot perspective, and about how to minimize risk and reduce “lot rot.” 

Used construction equipment values dropped as much as 10% year over year in August, while used transportation equipment values declined as much as 24% YoY, according to Sandhills Global market research. 

Join the webinar to learn best practices for managing used equipment sales from panelists:  

    • Justin Jones, sales director at the Nashville, Tenn., branch of Diamond Equipment; and 
    • Joe Lundvick, senior vice president and head of asset management for Mitsubishi HC Capital America. 

During the pandemic, used equipment became the primary sales channel for dealers amid limited access to new equipment due to supply chain issues. But many OEMs returned to traditional production cycles in 2024 and inventories have begun to pile up. Jones and Lundvick will discuss how to manage and sell used equipment in the current environment. 

Click here for more information and to register for the free webinar “Used equipment financing in 2025 as markets normalize,” taking place on Tuesday, Oct. 22, at 11 a.m. ET.   

Tags: commercial financingDiamond Equipmentequipment financeMitsubishi HC Capitalused equipment values
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