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Do you need an Appraisal of your Equipment?

2/2/2019

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Working in the construction or trucking industry your equipment is your biggest investment, but  how do you determine the fair market value of your used heavy equipment machine?
​

  As a business owner you might have the following challenges.

  • Not being updated on the latest equipment pricing
  • Pricing might change from one industry to another
  • Demand of the item in the current market.

The answer comes in the form of an appraisal, however how do you choose appraiser?
  • Alway choose a reputable and certified appraiser
  • Inquire on their training, expertise, knowledge and experience

The benefits are immense, but to name a few, they will know which questions to ask.
  • serial numbers
  • maintenance records
  • special features or upgrades

Armed with a written and certified report, you’ll be protecting your assets from financial loss due to theft, accidents, disasters and especially, below market prices when selling heavy equipment.

Sources:
https://experthe.com/how-can-you-determine-the-fair-market-values-on-used-heavy-equipment
http://www.sbnonline.com/article/equipment-appraisal-when-you-may-need-one-and-what-to-expect-from-it/
http://www.equipmentappraisal.com/blog 
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