Golf News for Monday, November 4, 2013 | Marketing

Global Turf Equipment to auction off more than 150 late-model machines

SAN ANTONIO, Fla. -- Global Turf Equipment (GTE) - the world's largest independent seller and exporter of pre-owned golf course equipment - announces it will host a live online auction event to liquidate more than 150 late-model machines on Thursday, November 7 at 10 a.m. EST.

Global Turf Equipment has partnered with the Golf Marketplace (www.golfassetmarketplace.com) to market and manage this unique one-day event. To participate, buyers MUST register before November 7 at https://liveauction.golfassetmarketplace.com/xap-ga/control/newcustomer.

Available items include tractors, riding mowers, turf vehicles, sprayers and top dressers. All major brands are represented including Toro, Jacobsen, John Deere, Kubota, Club Car, Buffalo Turbine, Turfco, Tycrop, Agrimetal, Bush Hog, Cushman, EZGO, Foley, Graden, Lely, Massey-Ferguson, Neary, Redexim Vertidrain, Ryan, and Wiedenmann.

"We are excited to partner with an industry leader in Global Turf and to bring value to both GTE and members of the Golf Marketplace alike," observed Dale Barger, president, Asset IQ - the holding company for Golf Marketplace. "The combination of GTE's access to a base of high quality golf and turf assets, along with our marketing engine and auction platform, presents us with this unique opportunity to transform the way these assets are bought and sold."

A large portion of the equipment is off-lease and single-owner, with machine hours as low as 219 and model years as recent as 2010. The auction value (based on OEM new prices) exceeds $2M USD, and will be sold to the highest bidder.

"This is a tremendous opportunity to purchase high-quality, low-hour, off-lease equipment from the industry's most-trusted manufacturers at bargain prices," says Jim Sartain, president, Global Turf Equipment. "A variety of helpful shipping and financing options will be available to make every transaction straightforward and stress-free."

Serving golf facilities in more than 80 countries worldwide and all 50 U.S. states, GTE offers substantial cost savings to golf course owners, operators, and superintendents with late model alternatives to brand-new machines.

GTE's 30,000 square-foot USA headquarters stocks more than 650 pieces of equipment, including fairway mowers, greens mowers, top dressers, turf aerators, sprayers, utility vehicles and more.

For more information: www.golfassetmarketplace.com/november7auction/

About Global Turf Equipment (GTE)
Global Turf Equipment, LLC (www.globalturfequipment.com, 866.588.3092) is the world's largest independent seller and exporter of pre-owned golf course equipment, and a fiscally prudent alternative to buying brand-new machines. Founded in 2003, GTE purchases mowers, grinders, green rollers and more from short-term leases in partnership with major US financial lending firms. A 30,000 square-foot indoor warehouse services private club, resort and daily-fee golf course clients in all 50 states and more than 80 countries worldwide. Featured brands include Toro, Jacobsen, John Deere and Club Car.

About Golf Asset Marketplace
Established in 2011, Golf Marketplace is one of the largest remarketers of high value assets in the golf industry. The Marketplace offers compelling solutions through its auction platform for both buyers and sellers that make it easy (without friction) for the world's golf channel (vendors, distributors, clubs and enthusiasts alike) to buy and sell equipment both live and online. The notion of frictionless transactions underpins the company's offering, delivering a confidence in both the condition of the asset and that the cost paid has been fairly determined by an open bidder marketplace. The Company operates additional vertical-industry marketplaces in construction equipment, agriculture, aviation and luxury goods and offers a range of value-added services including asset management, end of term compliance, appraisals and consulting through and with its partners. Each year, the Company offers numerous timed and live auction solutions, and has become one of the largest remarketers of high value golf assets in the United States.

Golf Marketplace is headquartered in Cincinnati, Ohio, and leverages its team of consultants throughout the world to maximize the value of golf assets through a global marketplace. For more information, visit www.golfassetmarketplace.com or call 513.417.8477.

Golf Asset Marketplace TM is a registered trademark of Golf Asset Recovery & Liquidation, LLC in the United States and/or other countries.

MEDIA CONTACT:
Stephen Reynolds
Buffalo Communications
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sreynolds@buffalocommunications.com
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