Posted by kyhayman on August 25, 2010 at 06:33:40 from (75.104.128.54):
In Reply to: Dealer Markup posted by GAC on August 24, 2010 at 20:13:14:
New equipment 20-30 pct, parts 20-50 pct, used equip at least 50 pct up to 100 pct seems to be the very broad rules of thumb I've heard. Most of the variablity be in used stuff and trade ins. A couple of places I deal with I've heard them say on used stuff that they've got to make a thosand bucks on every used item they sale. To figure trade in they take low estimates sale price minus estimated repairs times 2 minus carrying charge for 2 years on the lot, minus 2 years depreciation, minus the 1000 they want to make and thats what they can give on trade in.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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