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Machinery Pete Unveils New Auction Price Database
USAgNet - 01/23/2017

Machinery Pete announced the industry's go-to resource for auction price data has been upgraded to be even more dynamic. For nearly three decades, equipment dealers, auctioneers, farmers and ag lenders have made Machinery Pete the most trusted name in farm equipment by referencing this database as the best in class.

Now with improvements for speed, display and tools, the industry's top source for hard cash values of farm machinery across the U.S. and Canada is even better.

"Hard cash auction sale prices are a critical barometer on current value. Put a piece of equipment up for sale, in each condition, on a given day, in each area and what it sells for is what it's worth," said Greg Peterson, founder of Machinery Pete. "Knowing these true facts on current and historical value is so important, whether you are looking to buy, sell, trade, appraise or when you just want to know what your farm equipment out in the shed is worth today."

Updated daily, the database tracks actual auction prices for more than 70 categories. The new search filters allow users to dive deeper into auction price data to find the value of any used farm equipment piece. Search by geography, sale date range and model year. The condition of equipment is highlighted through a grading system from 'fair' to 'excellent.'

Key information on the type of auction each equipment was sold on is also shown-farm, consignment, dealer or online. The new auction calendar has all the upcoming auctions in the U.S. and Canada in one place.

The database provides key business intelligence for buyers and sellers of machinery. This is in addition to the industry-leading marketing resources provided to dealers across the U.S., connecting them more efficiently in marketing to farmers. Dealer subscribers have access to the auction price data in their "dealer center," which also includes search statistics and trends from MachineryPete.com listings.


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