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71% to 76%
- The “Machinery Pete Ratio” (MPR) is the average auction price on any model of used equipment divided by the average dealer advertised price. Peterson says historically the normal range for MPR has been 71% to 76%.
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May 15, 2024 · Content of this column is based on actual local and regional pricing compiled by Greg Peterson, known to the industry as Machinery Pete. Since 1989, Machinery Pete has compiled more than 500,000 auction prices on used farm and construction equipment sold throughout North America.
Aug 9, 2017 · It’s a big-picture look at what is happening with used farm equipment values. The Machinery Pete Used Values Index is based on the auction sale price data I’ve compiled for over 27 years and ongoing contact with dealers, auction firms, ag lenders, brokers and farmers across North America.
Apr 30, 2021 · Each quarter, Machinery Pete publishes its Used Values Index to give top analysis and reporting on the used machinery market. In its 1st Quarter 2021 index, Machinery Pete founder...
Feb 23, 2023 · Machinery Pete Reveals the Strongest Drivers of These Record Used Equipment Values Right Now. U.S. Farm Report 02/18/23 - From the Farm. By Tyne Morgan February 23, 2023. Strong used equipment values have been a theme for the past 18 to 20 months, and Machinery Pete doesn’t see that story changing anytime soon.
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