Justin Jones, corporate sales manager at Diamond Equipment in Nashville, Tenn., and Joe Lundvick, senior vice president and head of asset management at Mitsubishi HC Capital America, will join the Equipment Finance News 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 45-minute discussion moderated by EFN Editor Johnnie Martinez II, industry leaders will discuss what used equipment represents for many dealers in terms of liquidity and on the lot, and how to minimize risk and reduce “lot rot.”
Used construction equipment retail, or asking, values dropped around 10% year over year in September, according to Sandhills Global market research. Meanwhile, orders for used, medium-duty transportation equipment declined nearly 20% YoY in September, according to ACT Research.
Join the webinar to learn best practices for managing used-equipment sales from the panelists.
- Jones is a 20-year veteran of the equipment industry who has held positions in equipment sales, rental and auctions, including serving as branch manager for Ahern Rentals in Nashville, Tenn. He also was a manager in both equipment sales and rentals during the pandemic.
- Lundvick began his career as a used asset specialist more than 35 years ago. His experience includes evaluating, appraising, marketing, buying and selling used assets across multiple industries. He also has served as president of the Machinery Dealers National Association and as a past board member of the Association of Machinery and Equipment Appraisers. He is also a certified equipment appraiser and a licensed auctioneer.
Register here for the free webinar “Used equipment financing in 2025 as markets normalize,” taking place on Tuesday, Oct. 22, at 11 a.m. ET.