Posted 2/14/2010 15:24 (#1074370 - in reply to #1074350) Subject: Re: Dealer Auctions
Brazilton KS
If they equipment doesn't bring pretty close to the hard money they have in it, then they need to adjust their trade allowances on the other side.
I think the rule of thumb I've heard is that if a dealer is going to make money on something, they should sell it in the first three months. After about 6 months they just need to get it off the books and move on.