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Tractors at Ritchie bros
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reedfarmer
Posted 2/13/2019 09:42 (#7317943 - in reply to #7317469)
Subject: RE: Tractors at Ritchie bros


Eastern Arkansas
Ritchie also makes deals with large dealers and lease companies. They will guarantee a total for a block of equipment, or buy a large block of equipment and sell it. This can be for a couple of reasons. First, they obviously want to make money and can hopefully do that on multiple pieces. Some might sell cheap but some might sell higher than average.

Second, they try to make certain sales/areas more focused on ag. In order to do this they might actually loose money for a couple of sale but in the long run they get more ag equipment at that sell.
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