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Changes in farming practices over time can cause shifts in value trends for classes of agricultural equipment. We asked Bill Albaugh what he looked at when assigning values to tillage equipment and if the adoption of no-till practices was causing a noticeable trend in tillage equipment values over time.

Equipment maintenance and management decisions can have a direct impact on valuations. We asked Bill Albaugh if he paid attention to how equipment was stored when performing his valuations and how storage choices can impact equipment values.

One of the services HeavyWorth provides is trusted, third-party equipment valuations for lenders who might not have the ability to do proper equipment valuations for themselves. We asked Bill Albaugh why it is so important that lenders have current and accurate valuations of the equipment backing the loans for ag or construction equipment.

When the Tier 4 emissions standards began to require the use of diesel exhaust fluid, or DEF, in heavy equipment engines roughly a decade ago, we saw a prolonged demand for older equipment that didn't meet the standards. We asked Bill Albaugh if that demand still influences older equipment values or if enough time has passed that it's no longer relevant.

Often a producer or construction contractor looking to trade-in a piece of equipment is motivated to look for the highest value possible. It's common for such a customer to come to the table with preconceived notions of the value of the equipment based on a cursory search of for-sale listings on various websites or past auction results from local auctioneers. We asked Bill Albaugh what he says to a customer who is claiming his trade-in valuation is too low.

Sometimes the used equipment that dealerships are asked to value as trades aren't very used at all. Sometimes they're deciding how to price units with very little use. Since it's harder to find many comparable sales on such low-houred equipment, we asked Bill Albaugh how he goes about determining how to most effectively value the nearly-new equipment for sale.

One of the questions we are frequently asked is how someone can prepare equipment before the valuation in order to receive top-dollar for his or her trade-in. We posed that question to Bill Albaugh who suggested a few tips to get equipment ready before calling the dealership to come take a look.

We have enhanced our website with a new feature we would like to point out to customers, users, or just anyone interested. While using the website (web app), you are able to sort the column(s) in the catalog which will flow to the exported catalog, helping with organization or ease of use. You are able to sort one column or multiple by holding down the shift key and clicking on the column header text in the order of relevance for you. It isn't permanent so keep clicking until you have the sort order you prefer, then export the catalog and retain the sort. Simple, right? 

Thank you all for registering/attending the webinar with our host Dusty Reynolds from HeavyWorth and our panelists:

On April 29, 2021, we hosted a webinar to discuss CRMs and how technology helps streamline processes for dealers and others. Dusty Reynolds was joined by Tyler Samani-Sprunk from Simple Strat, Alex Robles from Great Plains Kubota, and Jason Hoult from Anvil App Works for an excellent panelist discussion of Hubspot, SalesForce, and other CRMs out on the market.