Even though most of Wesco’s used turf equipment originates from 3 and 4-year fair market value leases, we do buyback quite a bit from turf facilities here in the Southeast. Here are a couple things to keep in mind when you’re ready to sell your turf equipment.
As you might have guessed, the most common question we get asked by people selling their used turf equipment is, “how much is my _______ worth?” That’s a pretty hard question to answer in a blog, but there are some general principles that help size up its value. The single most important attribute (aside from quality of course) is the hour meter reading. Similar to the odometer on a car, an hour meter is a pretty good indicator of how much life is left. Used turf equipment buyers will usually start their search based on a desired hour meter reading. Machines with under 1,000 hours are rare and worth quite a bit. Products with between 1,000 and 2,000 hours are also considered ‘premium’ and will drive the highest prices, while products with between 2,000 and 3,000 hours are considered more ‘average’. Value and demand drop significantly once the 3000-hour meter mark has been breached, and when you’ve gone over 4,000 hours, look out! When you’re planning to upgrade your fleet and sell off old items, the hour meter reading is a critical variable. If you want to get the most for your used turf equipment, make sure you keep it under these thousand-hour thresholds, especially the 3,000- and 4,000-hour meter levels. There may not be a big mechanical difference between a 2,800-hour used Groundsmaster 4500 and a 3,000-hour used Groundsmaster 4500, but there is a big difference in the perception of value!
Do you have turf equipment you're considering selling? Please contact us at email@example.com today.