Quote:
Originally Posted by stevej37
There is a lot of pent-up money for spending.
With limited product...prices will only go up.
|
I've been seeing that in the construction equipment market since about April of 2020. The prices just keep moving up which is what is causing my lack of inventory. Machines are brining at auction what I'd typically ask for one. The issue becomes do I change my valuations or ride this out. I don't want to be that guy who ends up having a bunch of inventory that isn't worth what he has in it. The good news is, I've worked to position myself so that I can take a sit back and watch approach.