Equipment Appraisal:
A Comprehensive Guide
Everything you need to know about the process and practice of equipment appraisal—all in one place.
Equipment Appraisal:
A Comprehensive Guide
Everything you need to know about the process and practice of equipment appraisal—all in one place.
What is equipment appraisal?
Equipment appraisal (also called equipment valuation) is the process of determining the value of equipment, machinery, or other tangible property or assets.
An equipment appraisal is an essential tool of business and financial management. It can help companies and individuals working across a wide variety of industries make informed decisions about buying, selling, or investing in equipment. It can also be used to secure insurance coverage, lower tax burdens, facilitate estate planning, and assist with legal proceedings.
When conducted appropriately, an equipment appraisal considers all characteristics of the equipment—such as its make, model, age, condition, operating hours, specifications, and modifications—and compares these against market conditions like supply, demand, location, replacement cost, and obsolescence.
This rigorous process yields the most accurate possible picture of the equipment's true and current value.
Key topics in equipment appraisal
Equipment appraisal is a complex, well-regimented process that contains multiple steps and many important considerations.
Click on a topic below to read all about it!
Introduction to Equipment Appraisals
What is an equipment appraisal? And why does it matter?
Types of Equipment to Appraise
What equipment can be appraised? And how?
Methods of Equipment Appraisal
What are some different want to appraise equipment?
Appraisal Standards and Regulations
What standards and regulations govern equipment appraisals?
The Equipment Appraisal Process
What steps go into an equipment appraisal?
Challenges in Equipment Appraisals
What problems may arise during an appraisal? And how can you address them?
Special Situations in Equipment Appraisals
What unique circumstances can necessitate or influence an equipment appraisal? And how can they be dealt with?
Equipment Appraisals and Insurance Claims
How can equipment appraisals ensure fair compensation and resolve insurance disputes?
Case Studies in Equipment Appraisal
What are some real-life examples of equipment appraisals? And what can we learn from them?
Future Trends in Equipment Appraisal
What changes are coming in the world of equipment appraisals? And how can we prepare for them?
Key Takeaways and Recommendations on Equipment Appraisal
What are the highlights we've learned from this blog series?
Let us take care of your equipment appraisal needs!
Appraisal-Masters is your trusted partner for equipment appraisals.
Our experienced team is trained and qualified to appraise all types of equipment for any industry.
We guarantee friendly service and accurate valuations that will empower you to make decisions with confidence. Just fill out the form below to request a free, no-obligation consultation.