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AGCO selling on Big Iron
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old farmer View Drop Down
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Joined: 12 Oct 2011
Location: Sturgis, Mich
Points: 341 		Post Options Post Options   Thanks (0) Thanks(0)   Quote old farmer Quote  Post ReplyReply Direct Link To This Post Topic: AGCO selling on Big Iron
    Posted: 28 Nov 2018 at 4:58pm
If Agco credit is selling, it’s a good chance that the units are repo . When I worked for a dealer that’s what they did then.
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shameless dude View Drop Down
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Joined: 10 Apr 2017
Location: east NE
Points: 13611 		Post Options Post Options   Thanks (0) Thanks(0)   Quote shameless dude Quote  Post ReplyReply Direct Link To This Post Posted: 27 Nov 2018 at 7:54am
they all been selling their lease returns and some trade ins on the on line auctions. been doing that for years. seems they trade around and give lots of auction companies a chance. same with big truck companies and others. Cat has their own auctions quite often, their prices have been pretty soft this past year tho.
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darrel in ND View Drop Down
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Joined: 22 Nov 2009
Location: Hebron, ND
Points: 8590 		Post Options Post Options   Thanks (0) Thanks(0)   Quote darrel in ND Quote  Post ReplyReply Direct Link To This Post Posted: 27 Nov 2018 at 7:09am
I am not sure what the deal is. I've seen em sell lots of stuff on purple wave auctions in the past, too. But on there, I've only seen tires and things like that. Some from Hesston KS plant, and some from Jackson MN. Darrel
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JohnCO View Drop Down
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Joined: 11 Sep 2009
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Points: 8992 		Post Options Post Options   Thanks (0) Thanks(0)   Quote JohnCO Quote  Post ReplyReply Direct Link To This Post Posted: 27 Nov 2018 at 12:21am
I usually check out whats orange on Big Iron each week and have noticed that AGCO Credit has been selling tractors every week for a month or more.  I think they are getting pretty good prices but I don't really know values of nearly new tractors.  Wonder if this is a new marketing scam or they are in a tight cash situation?
"If at first you don't succeed, get a bigger hammer"
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