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Casey Seymour
Founder & Host, Moving Iron Podcast

Moving Iron: The Equipment Market That Won’t Cool Off

📅 Mar 26, 2026 Moving Iron Podcast 65 MIN 85 VIEWS 96 SEGMENTS · 4 SPEAKERS
In this episode, Casey and Greg break down a red-hot used equipment market that continues to defy broader economic signals. Premium, low-hour machines are commanding record prices at auction, while dealers are quickly running out of 5–10-year-old inventory. They also dive into the growing demand for pre-emissions equipment and the surprising strength of collector interest in older models. But with retirements increasing and demographics shifting, what does the future buyer pool look like? Plus, the conversation turns to extreme weather—where drought, wind, and wildfires are already creating...

Questions asked in this interview

12
  1. 0:25I'm doing well, Casey. How are you doing?
  2. 13:23But when that finally does happen, that's the really interesting question is will, like we saw with COVID, will new stuff just poof go even though they had a limited amount of it?
  3. 20:56Where are we going to be in 15 years in our map-dot rural communities?
  4. 26:43I guess one thing, and we've talked about a little bit before, Casey, but how do we get more young people, you know, give them a foothold?
  5. 32:59Hey, I'm good. How are you doing?
  6. 33:19So, why not offer it on the UTV?
  7. 34:55How are we helping to facilitate the next sale?
  8. 40:13When it comes to hay, it runs the gamut, right?
  9. 42:56And now that's like blown out of the water because the bale that used to be 50 is now 80, right?
  10. 53:35We need to make more humidity in the summer, right?
  11. 56:00And even if it's ten, they're new enough that so many of them are still the guy's first, right?
  12. 58:47Because that's not a 10-minute job, right?
Casey Seymour 0:00 ↗
Welcome to Moving Iron with Casey Seymour and Greg Peterson. The podcast for anyone and everyone involved and interested in the business of equipment. If you want to understand what trends and market forces are impacting the price of your iron, you've come to the right place. Buckle up, it's time to move some iron.
Hello and welcome to Moving Iron Podcast. This edition of the Moving Iron Podcast is brought to you by John Deere. I've got Greg Peterson on to talk about what's happening in the marketplace. Greg, how are you doing today?
Greg Peterson 0:25 ↗
I'm doing well, Casey. How are you doing?
Casey Seymour 0:27 ↗
Doing good, man. Doing good. A lot of stuff going on in the marketplace. Springtime, a lot of auctions happen this time of year going through March and April. See a little die-off in May and June, but as you start looking down the path, it doesn't seem like there's anything dying off anytime soon. But I guess as you look at what's going on now, Greg, anything jumping out at you saying, 'Hey, we're still moving in the right direction here'?
Greg Peterson 0:48 ↗
Yeah, I think all signs are pointing to that, Casey. March is our busiest month here in the US anyway. I think maybe April up in Canada in terms of number of auctions, and the number of auctions is up. I think again our data has shown 5-ish percent raw number of machinery auctions up in '26 so far. But again, despite the tough times, if the equipment is right, we're continuing to see into this K-shaped economy we talked about where, you know, if you do have a solid balance sheet and folks are not buying as much new equipment out for the past few years, what they want and need setting sail into the '26 growing season is, you know, the best quality used. And so I'm seeing a couple things. I mean, what jumped at me the last few days, friends of Big Iron had a sale last Wednesday. And as part of that huge stuff they sold was a farmer line out of Auburn, Nebraska that had a couple items that really got my attention, Casey. So, one was a '19 model John Deere S770. It was a hill call. So, you know, it's a little different animal there. Super condition, 478 engine hours. I think it had 251 separator, but it went for 396 and a quarter. Now, a couple ways to look at that, just straight hard cash auction analysis, and you could say, well, that is the highest auction price on an S770 in 14 months. And if you zero it down to a '19 model, that's the second highest auction price ever. Now, it's a hill call, but our data, auction price data, has shown over the years, generally speaking, that the side hills, you know, they're just a little harder to sell because obviously your pool of buyers isn't as big. Now, it can go the other way. And Big Iron does an awesome job calling out specific retirement lines within their sale, which they did again here. And so, everybody knew about it. And yeah, bottom line, about 396 and a quarter. And off that same line of that Auburn, Nebraska farmer, again, this speaks to as on the farmer side when you take exceptional care of your equipment, you know, I've been writing about it for years, but it literally pays for you to do that. So the same dude had an 8360R. It was a, let's see, '13 model, 1,226 hours. So again, low hours. That over that 10-year-old magic mark we talk about brought 2275, and I think that's the highest auction price on an 8360R in either 13 or 14 months. And also on that sale, if you drift back a little farther, again, pretty deaf, Casey, the guy had a '03 9320 Deere, super nice, 1,837 hours. So I mean, 23 years old, under 2,000 hours, PTO, that went for 2125. And I've seen lots of 9320s sold over the years. That was the highest auction price by almost 20,000 bucks. 193 was the previous high. So this is that it's so interesting. Times are tight, but premium condition used is bringing premium prices.
Casey Seymour 4:04 ↗
I'm surprised it didn't bring more than that. I thought you were going to tell me like 225 or 220 when I heard that for that 9320 when it came through because that's a, like you said, pre-DEF. It's got less than 100 hours a year on it if you do the math on it. So you start looking at plus a PTO. I mean, I figured that would be something that would bring a lot more than that, but still, no doubt, that's a big number we start looking at.
Greg Peterson 4:32 ↗
Yeah, like I say, I've seen a zillion of them. A lot of lowered ones over the years, and 193 was the high-water mark, hard cash auction, writing a check today. So now four-wheel drives are interesting because I just wrote a column for Farm Journal on this topic. Now that was one of them I highlighted, but there was on the later model front there were a pair of '20 model Deere. I think one was a 9570R and then they had a 9520R. Yeah, the 9570R, let's see, that sold February 24th, Arcola, Illinois. I believe that was also a Sullivan Auctioneers Big Iron sale. 1,510 hours on it, went for 318 and a quarter. So that was the highest auction price ever on a 9570R with over 1,500 hours on it. And the 9520R, that was the same guy at that Arcola, Illinois, '20 model, 1,178 hours, went for 302,750. That's the second highest auction price since June of '23 with over 1,000 hours on it. So again, guy had super nice condition, low-hour stuff, 6 years old, and again ringing the bell on the auction market.
Casey Seymour 5:47 ↗
Yep. Yep. Yeah, a lot of crazy things happening out there right now. With all the stuff we see happen geopolitically and those kind of things, and we're seeing some markets move around, and it's tons of volatility right now. So the one thing that you're showing so far on the price of auction values is that it's staying quote-unquote stable compared to...
Greg Peterson 6:11 ↗
I got a couple more for you from this past Saturday, Casey. Just bounce off you, get your take. To our friends at Pulk Auction Company at, I think it was called, let me see, I'm trying to wonder if I can remember the guy's name. It was in Ranul, Illinois on Saturday. It was... I can't find the guy's name. Oh, Albert Warren Living Farm estate auction, and he had just a sweetie, 1986 4850 Deere. So, you know, the 4850s and the 4840s to me never quite popped like the 44s and the 46s and the 42s did. But this 4850, $4,100, one-owner, always shed it. But on the description, it said oil changed every 100 hours. So now you're drifting into the, you know, the OCD factor thing. But 80,500 bucks. Oh, wow. Now I've compiled over a thousand auction prices on John Deere 4850s, '36 and a half years. The previous high, Casey, was 65,000. So to see one here in a time again when it's tight, but you know, and a lot of people say, well, that's ridiculous, probably 8,500. Hey, think what you want, doesn't matter, 80,500 bucks. There were a bunch of people that wanted it. And that same day, last Saturday, March 21st, let's zoom over to Cherokee, Iowa. My good friends at Iowa Auction Group had a really nice farm auction. And the lead tractor on the sale was, I think, a '91 model Deere 4755 mechanical front, 7,386 hours, that brought 64,000 bucks. And here again, I've compiled a bazillion auction prices on 4755s. If you use the little search tool on our website, machinerypete.com, you'll find that 64K is the highest auction price ever on a 4755 with over 7,000 hours. Previous high was 60,000. So again, it moved well past that at 64. So again, I think people's focus right now is squarely in the used market, whether it's the pre-DEF stuff or, you know, situationally like that S770.
Casey Seymour 8:32 ↗
I suppose seven years old and 396 and a quarter is a big check, but you know, again, what's a new cost?
Greg Peterson 8:40 ↗
Right, exactly.
Casey Seymour 8:42 ↗
So before we started recording, we had some stuff that came up that we were talking through. And so I've had a lot of conversation with dealers over the last couple of weeks, just talk, you know, how things are going, what's happening, blah blah blah, and working our way through that. And one of the things that kept coming up was that 5 to 10-year-old stuff that they have on their lot. Some people were completely out of it and they were trying to figure out how to move other equipment into that. So, you know, trading that one to two or three-year-old stuff into that 5 to 10-year-old stuff so they could, you know, find some people to buy that stuff or had that machine that was to buy there. And then I talked to other dealers who said, 'Hey, we're not out yet, but we are selling through it pretty fast and we're getting close to that point.' This is a weird scenario as we kind of walk our way through this. This is really a different marketplace than what we've seen in the past, right? Downturns and those kind of things. We always see ebbs and flows with equipment and what kind of equipment is selling, what kind of equipment's not selling. That's not uncommon as you walk your way through this. What the big difference I think today is you start looking at pricing of used equipment versus that one to two-year-old stuff, how that falls into the pricing metrics, and then you start looking at how everything else rolls through that. I'm not 100% for sure that I can point to and say, 'Hey, when commodity prices come back around, that we're going to see a big run on used equipment and or new equipment for that matter.' I still feel like the pricing of equipment is at a point where it's going to be further down the list of things that get fixed. Now, all that being said, you start looking at things like choppers and combines and cotton pickers and those kind of things where there's a lot of wear parts that you have to maintain, a lot of different things. Those will probably have some flow through that'll kind of give you a little better approach to that. But I'm watching this stuff sell, and I don't know that it would be overly different if, let's say, we had another 50 cents on corn right now. I don't know that we would be seeing a bunch of one and two-year-old stuff fly off the shelf because there's not that much one to two-year-old stuff on the marketplace. And there's a fair amount of that, I would say, three to 10-year-old stuff on the marketplace, but that stuff has been cut in half from what it was even back in October. So if you start looking at where things are at, I guess the point I'm making here is, and I'd like your opinion on this, Greg, the point I'm making here is that buying groups, right, people that are in a certain sector of the marketplace when they're buying, they are stuck in those places, right? And there's no upward movement because you can't go backwards, right? Because you're just going back to where you came from, right? And you can't go forward because, you know, on pencil and paper, it doesn't make sense, right? So as you're looking at this, they're kind of stuck in this box. And when there's nothing in that box, it kind of goes back to what you've been talking about on the auction side of that. This is what I'm looking for. I found it now. I'm going to make sure that I get this piece of equipment that I'm going to update to you because I'm very limited on what's available for me. It may be in my area or via the internet or, hey, I know that this farmer takes really good care of his stuff. So I'm willing to go out on this one a little bit. You're starting to feel that. And I'm not at all going to sit here and tell you that I think pricing is going to go through the roof like we saw during COVID because that's not what I'm saying. I think we're right-sized. I think our inventory is right-sized for the current market conditions and also the buyers that are out there. But as you're seeing these things come up, it's like more and more gravity is being put on these pieces of equipment that are in that 5 to 10-year-old stuff. Because again, it comes back to the buying group side of things. Are you getting that same kind of feeling, Greg, with conversations that you're having? Do you feel like, hey, I'm a 3 to 5-year-old buyer, boom. I'm a 6 to 10-year-old buyer, boom. Or I'm a one to two-year-old buyer. And it doesn't feel like there's any way because, you know, you could used to see a lot of transparency between that, like, you know, you see guys bounce around and stuff, you know, and you don't feel like that anymore, I guess. So what's your feeling as you look at that?
Greg Peterson 13:23 ↗
I think what you said, gravity, I think is a really good word to describe this situation. And over my years, you know, I would agree. I haven't seen a condition like this. When you factor in volume of used inventory in the different segments, one to two, like you said, that's really getting to me scary thin on the used market. And then down into the 3 to 7, 3 to 8. And then, you know, there's like you say, there's some dealers with too much of that stuff. But again, compare back to where we were a year ago, 2 years ago, it is chopped in half, like you said. I mean, it's... I think farmers are starting to pick up on this. I first wrote about it January of '25 in Farm Journal, and you do the same thing, Casey. You look, try to look over the rainbow respectfully because you're taking in all kinds of data. You're spending, you know, more time than I am on the commodity prices and how that can affect things. I spent a year talking to Alice and watching worldwide markets, and I just see... I started to see this whole thing was going to be different, and it's just a more efficient space, and farmers are waking up to that now. And one thing you said, that term gravity again, so let's look at that S770, that hill call. And again, I can sit here and say for 36 years my experience on a combine like that, doesn't matter what color, would be like, ooh, you as an auctioneer, that would be a little tougher to sell because your buying pool is thinner. Well, for whatever reason, that thing, they sold the hell out of that thing at 396 and a quarter. And that was, like you said, if you're on the farmer side of it, like, by God, that's what I want. And it's not... farmers are realizing it's not like it was in '24 where I've got a gazillion billion choices on the dealer lot. It's just different now. And that's sinking in. Now, the question, it'll be fascinating. You know, we're all hopeful for markets to rebound and stay higher, move higher for whatever combination of reasons. But when that finally does happen, that's the really interesting question is will, like we saw with COVID, will new stuff just poof go even though they had a limited amount of it? We saw used values take off like a rocket. We're seeing used values rise right now. And this is the first time in my 36 years I've seen used values kind of move higher when there's not a component of corn and beans going up behind it. And so that's a sure sign that again this is a different and new situation. And again, I think farmers are kind of assessing that, and I think that's why they're being more aggressive when the right item shows up. And again, it's what I love most about the whole auction process. It doesn't matter what you're selling. I mean, we watch an antique road show or whatever, and it's like, hey, I got a cool vase. You know, maybe two years ago it was worth X, but it don't mean jack because today if I try to sell this, bang, this is what it's worth today. And I think maybe in a way we've been... the market from the farmer side, they've been fortunate there have been more auctions, this 5% bump in auctions, because farmers are focused on used, and that's interjected a lot of really good, you know, a lot of older farmers, 75, 80-plus-year-old guys had really good stuff, low hours. That's been absorbed well into the market. If that hadn't happened, you know, I guess open question, but all these factors, it's just so interesting to, you know, analyze why these things sell at auction like they do. But again, to me, the auction price is the canary in the coal mine. Because it takes all the factors and then it's like, okay, here's this thing today. You guys tell me what it's worth.
Casey Seymour 17:26 ↗
Yeah. Yeah. Yeah, I think there's a... the other thing I'm paying close attention to as well, Greg, is... hang on a second here. Love this time of year. Got a little pollen in the air out there, my friend.
Greg Peterson 17:49 ↗
Oh boy. I tell you what, at night you can have a lot of pollen right now.
Casey Seymour 17:53 ↗
Oh boy. It's just... there's just always something in the air. I hear dust or whatever it might be. One thing I've been paying close attention to, and I don't think it's an immediate factor that's going to play into where equipment's headed, but I think it's a factor that we'll need to pay attention to over the next 24 months, and that is the number of producers that are coming out of the marketplace, right? You start looking at whether it's retirement or, you know, they just went out of business or whatever it might be there. You know, a lot of the stuff that we're reporting on here when you talk about auction stuff is a retirement sale, and there's a lot of young retirement sales right now, and that's pulling towards a lot of different things. What worries me about that is the number of those people that are coming out of the marketplace. If you look at what they're selling, three or four years ago, that was one to two-year-old stuff. If you look at where they're at and what they've bought so far or what they would be buying, some of that stuff kind of points to how that's going to affect the one to two-year-old marketplace. And like I said, you know, right now you're seeing it's not... I don't want to say it's all dried up on the one or two-year-old side, but it's not... by no means is it coming off the shelf fast. New equipment sales are going to continue to mimic what I think what we've seen over the last order writing period. There's not... just the number of people that can do that are going to keep getting smaller and smaller and smaller, which then forces maybe some of those new buyers into maybe that one to two-year-old stuff. But as you start looking at the number of people that are coming out of the marketplace that aren't coming back into the marketplace, that to me starts pointing towards some signals of what does the used equipment space look like in 24 to 36 months. And I don't feel like there's going to be as many buyers in there as there are today that we see coming to the market today for a myriad of reasons. One, either they're just not farming anymore, or they're making their equipment last longer and stretching out trade cycles, or they are... this is, you know, there's a lot of that, this is the last whatever I'm going to buy before I retire, and I think there's a big chunk of that. So I have some concern looking out 24 to 36 months right now of what the marketplace looks like with buyers. And I think that there's probably... we're probably setting the stage for what used equipment overall inventory looks like to be actually in a good spot, in a good spot comparatively to what it's been over the course of, you know, my 20 years doing this. So I mean, as you look at that, when you look at your crystal ball, what do you think about that?
Greg Peterson 20:56 ↗
Yeah, you know, that's a really good topic to bring up, Casey, because for years, you know, I compile different types of data just like you do. So for me, it's auction price. Okay, here's this combine of products, how many money hours, whatever. But, you know, my dad taught me to keep my head on a swivel. So I'm looking, I'm like, who's buying this thing and who's selling it? And frankly, it's been shocking over the last 10-plus years. I travel the country to these nice farm auctions, and I mean, the average age of the buyer, it's way older than me. I'm 60, and you stand there at an auction, and well, there's a 79-year-old guy, which, God bless him, optimism. I mean, that's American farmers, and it's in their blood. They're fourth, fifth, sixth generation. They're pushing. But I'm sitting there going, that 79-year-old dude just wrote a check for $450,000. That's interesting. It's just interesting. And now, like we talked before, the number of auctions is up. And a big part of that is guys at the top of the chain who maybe would just keep farming because they love it to their core, but they're tired of the equity drain. You know, there's the financial piece of your life and your kids and what you can pass along and all that stuff. So it's like, well, I'm going to have my sale. So of this 5% jump in the raw number of machinery auctions, again, yes, that's a data point. We're up 5%. But let's analyze who these people are. And we talked a couple weeks ago about Eric Reed, you know, a younger farmer retiring, quote, you know, he's retiring, he's getting out of production farming. And I was like, well, Eric, why are you getting out? And he flat told me. He said, Pete, math is math. I got young kids. I'm going to put them to college, and this just ain't working. So that I am totally with you. I'm very concerned. I visually... I've been concerned because I, like you, I grew up in a small farm town in western Minnesota. I've been concerned for 15, 20 years just driving around the country going, darn, average age of the people that are at these auctions, and they're older than me. Where are we going to be in 15 years in our map-dot rural communities? And then I think what you said lastly there, though, I think in a very positive note, the equipment space holistically is in a much better, faster, more responsive state than I've ever seen by a factor that I can't really even... I'd have to get out my... I'm a writer, but I have to get out my adjectives. It's just, you know, there's less of it at the top end. And you and I have seen downturns in the past where it was like, oh my God, how many one, two, three, four-year-old units are there. If you had that right now, I mean, that could be kind of a... you know, I'm Norwegian, I don't like to talk apocalyptically, but that would be bad. Now, even though older farmers are aging out inventory-wise, we're in a much better position, and manufacturers are more lean in the way they produce this new stuff. It's very expensive, but I think that would be my take, a positive note. But again, you know, to read things like in my home state of Minnesota, I read recently the number of dairy farmers we lost in the last two years, and it was like shocking, and it's like, that is not good for... it's not good if you're a dealer, it's not good if you're a farmer and they had to get out. It's not good for our rural communities. So all these things are wrapped together, but at least equipment-wise, which again, it feels... I always feel bad talking about, well, the used equipment market's in a better spot when people are going out. That's... you got two different... you got the human-level pain. But again, from a street business standpoint, it is better if you're a dealer or a manufacturer at least that there's not as much glut on this used stuff as there were in past downturns.
Casey Seymour 25:09 ↗
Yep. Feels like critical mass a little bit on some of the stuff if you look at where things are at. And like you said, I mean, you have a 79-year-old guy out there buying stuff and ready to go one more round, you know, and make it happen. That's great. It's awesome. You know, it's... but that's a short-term... I mean, eventually there comes a day where you just can't do it anymore, right? I mean, no matter how bad you want to do it, they're just... even if you have the financial means to do it, there comes a day where you just can't do it anymore. And those are the kind of things that you pay close attention to. And I just look at this, and I think some of the stuff that scares me a little bit about used equipment as you look out 24 months is who are the buyers and where are they at? And at any level, right? And I'm not talking about just the expenses. I'm talking all the way across the board because you're going to lose people at every section along the way. And at some point in time, you know, you might not have as much as you did, you know, 10 years ago inventory-wise, but if you have one piece of equipment and no buyers, you have one too many. You know what I mean? So it's just that situation is starting to present itself. As you start looking at... now, granted, there are people in the marketplace still buying, so it doesn't feel like that, right? But as you project that out a little bit, you start thinking about what's that look like? And I think it's a bigger issue coming than I think people are wanting to believe.
Greg Peterson 26:43 ↗
One interesting thing, and maybe Moving Iron listeners can chime in with their thoughts on this. But you know, you and I both look to, as I think most analysts do, you look to past performance and data flows up and down with different... try to adjust the different factors. So, you know, there's been, from the media standpoint, more talk about, you know, crisis in farm country, and then people will fall and say, 'No, it's not. It's nothing like the '80s,' and other people say it's actually worse in some ways. And you can definitely have your opinions, but no, I started compiling auction data. I was 23 years old. So I was, as a kid, my dad was a dealer. I, by proxy, sort of watched how dad with his two stores in rural America survived through the '80s. And then, of course, my classmates, I had 144 in our class in Benson, Minnesota, 1984. Now the class sizes are like 55, 70 there. God bless them, but you know, there were a lot of farm families. So these inflection points that you've identified, which it feels like we're coming up on now, you know, we've been through them before. So one thing I remember about the '80s was, you know, of course the high interest and stuff, but in an anecdotal level, I remember farm families telling their kids, you know, people had more kids back then. You go down our street, we had eight, 10, six, five. We had four. I mean, four was not many, but farm families were actively telling their kids, don't come back to farm. It's not a rose garden. I'm advising you to go do something else. Which was... the brutal honesty of that as a parent to tell your kid that for their best interest. I mean, that always stuck with me. And I'm starting now just to get a little bit hint of that here. The past two years, farmers telling that, you know, young people, they have it in their blood. They want to farm, but it's like math is math. And we came out of that in the '80s, and these inflection points do create opportunities. I guess one thing, and we've talked about a little bit before, Casey, but how do we get more young people, you know, give them a foothold? And it's so tough now with the dollars involved, not just machinery, but land and access to land and all the input costs. And our friend Damon Mason, who we know well, and Damon started the pot here a couple weeks ago with a great commentary, right or wrong, about, you know, farmers continuing to farm as a lifestyle into their 70s, 80s, and God bless them. So I don't know how this will all play out, and we'll come through it. The ground will get farmed, but inflection points, generally speaking, are not easy. But on the positive side, if you got your powder dry financially, that is when you make your... I don't want to say your empire, but you know, farmers know this. You know, you go back and say, 'Do you wish you had bought that extra piece of ground in 1990 for X?' And they're like, 'Oh gosh, I should have bought it.' You know, if you're able to, you be aggressive when others are pulling back. One plus one equals three. That's a winning formula on an individual level.
Casey Seymour 30:18 ↗
Yeah. You might not build your empire, but you sure can shore it up. You know what I mean? And that's the point there. Well, good stuff, Greg. There's so much stuff here to pay attention to, and auction values are the one thing, in my opinion, that tell the true state of the economy that we're in. And if you see where things are at and understand those inflection points like you talked about and how things come together based around the variation between advertised price and auction price, once you can see how those things move along, you see a bigger, in my opinion, you see a bigger picture of what things are looking like. And to your point, the roadmap to what should I be doing right now with what I can do with, you know, I can only do as much as the resources I have. So what do I need to be doing with those resources? And I think that points to that. So yep.
Greg Peterson 31:13 ↗
For sure. Yeah, it's... no, you're right. And now good conversations to have. Casey, thanks for presenting these every week for the whole space, for dealers, for farmers. It's good stuff to talk about. And whether you're a dealer or a farmer, again, you know, you come in the same way I do. We compile this data and information, put it out to try and help people make the best decisions you can before you buy or sell or trade. So that, yeah, you keep more of that hard-earned money in your pocket.
Casey Seymour 31:47 ↗
Yeah, for sure. Well, Greg, appreciate you being on the podcast. Folks want to reach out to you and get you to come to an auction or a speaking event or whatever that is. What's the easiest way...
to do that?
Greg Peterson 31:56 ↗
Yeah, just hit our website, machineryfe.com. Down on the bottom there's a little contact button. Shoot us a note. And yeah, I have my luggage packed. I'm raring to go. So, appreciate all the invites out there. It's great fun hopping around the country.
Casey Seymour 32:10 ↗
Right on. Well, Greg, appreciate you being on. We'll catch you again next week.
Greg Peterson 32:14 ↗
Sounds great, Casey. Have a good week.
Casey Seymour 32:15 ↗
All right. Thanks, Greg. Stay tuned for more Moving Iron Podcast after these messages.
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All right, welcome back to Moving Iron Podcast. We got Jake Bryce here from Machinery Scope. Jake, how you doing today?
Jake Bryce 32:59 ↗
Hey, I'm good. How are you doing?
Casey Seymour 33:00 ↗
Doing pretty good, man. Doing pretty good. We got some new news coming out of you guys here over the last couple days. You added UTVs and turf equipment to your lineup of stuff that you cover.
Jake Bryce 33:12 ↗
No rest for the weary.
Casey Seymour 33:16 ↗
That's right.
Jake Bryce 33:17 ↗
Yeah, we got to keep going, you know.
So, you're right. We recently launched the programs for UTV and turf equipment. Collaborated with some dealers on that. And I know it's not the biggest piece for these big ag dealers, but a lot of them have that line, too. And I mean, how many $20,000 used UTVs can we stack up before we start scratching our head over them, you know? And so, and if you look at that buyer segment, those people that are buying it, I think that it is fitting to have some programs for those people. It's payment driven. They want to have some protection and so yeah, we're proud to have released those programs now. We do equipment up to 8 years old. So, I think I was looking on UTVs, there's something like 4,000 approximately on the marketplace. They're averaging $20,000 a piece. You know, you could buy a used truck or a UTV. You can buy the used truck with some warranty. So, why not offer it on the UTV?
Casey Seymour 34:32 ↗
Yeah, you can get a couple of used trucks or a UTV. It feels like some of the stuff you look at, these things have gotten so expensive now where the idea of protecting your investment is getting to be a little more front of mind than it has been in the past.
Jake Bryce 34:48 ↗
Well, and yeah, look at the buyer profile on these used units. It's worthwhile.
Casey Seymour 34:54 ↗
Mhm.
Jake Bryce 34:55 ↗
And then on the turf side, you know, we're pushing these programs, these fleet programs on these commercial mowers and other people. What are we doing then when we have those units back in our inventory with, you know, a thousand hours on them? How are we helping to facilitate the next sale? And so, same logic on the turf equipment as well.
Casey Seymour 35:21 ↗
Okay. Right on. Well, Jake, I appreciate you being on the podcast. If folks want to reach out to you, how do they get more information for what you want to do?
Jake Bryce 35:29 ↗
Yeah. So, just machineryscope.com. All of our contact information is there. You can request a quote. If you're looking for a specific scenario or general program information, give us a call or reach out there and we'll be in touch.
Casey Seymour 35:43 ↗
Right on. Well, Jake, appreciate you being on. We'll catch you again next time.
Jake Bryce 35:46 ↗
You got it, partner.
Casey Seymour 35:52 ↗
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All right, welcome back to Moving Iron Podcast. Got Aaron Finn on to talk about what's happening in the marketplace. Aaron, how you doing today?
Aaron Finn 36:26 ↗
I am terrific, man. It feels like a little more normal yesterday and Sunday, but into last week and weekend, man, it felt like June.
Casey Seymour 36:36 ↗
It didn't. It was right.
Aaron Finn 36:38 ↗
I was in panic mode like, "Holy crap, I got hay to cut." And you're like, no, there is nothing to cut anywhere.

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APA

Seymour, C. (2026, March 26). Moving Iron: The Equipment Market That Won’t Cool Off [Interview transcript]. Moving Iron Podcast. CEOInterviews.AI. https://ceointerviews.ai/interview/3004832/

MLA

Casey Seymour. "Moving Iron: The Equipment Market That Won’t Cool Off." Moving Iron Podcast, 26 Mar. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/3004832/.

BibTeX
@misc{seymour2026_3004832,
  author       = {Casey Seymour},
  title        = {Moving Iron: The Equipment Market That Won’t Cool Off},
  howpublished = {Interview transcript, Moving Iron Podcast. CEOInterviews.AI},
  year         = {2026},
  month        = {mar},
  url          = {https://ceointerviews.ai/interview/3004832/},
  note         = {Speaker-attributed transcript with timestamps}
}