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 EFN for a conversation with Justin Jones, of Diamond Equipment, Joe Ludvick of Mitsubishi HC Capital America and Donna Yanuzzi of 1st Equipment Finance as they address the looming problem used equipment represents for many dealers and lenders from a liquidity and a lot perspective, and discover how to minimize risk and reduce “lot rot.”
Featuring:
Justin Jones
Corporate Sales Manager
Diamond Equipment
Joe Lundvick
SVP, Head of Asset Management
Mitsubishi HC Capital America
Donna Yanuzzi
EVP – Equipment Finance
1st Equipment Finance
