Equipment Appraisal
Proudly Serving the Pharmaceutical & Allied Industries
For over 20 years, AmerEquip International has been a nationwide supplier of quality used process and packaging equipment for those within the pharmaceutical, nutraceutical and other related industries and our equipment appraisal services are fair and honest. We offer our clients with a complete range of services to our customers in the disposition, acquisition and evaluation of equipment.
We are committed to serving businesses of all sizes with the same dedication, courtesy and efficiency that you would come to expect from the best. We strive to provide all of our customers with the care and personal attention that you won't find anywhere else.
Used Equipment Appraisal You Can Trust!
In addition to purchasing and selling used process and packaging equipment, AmerEquip International offers its expertise within the pharmaceutical industry to evaluate and appraise the machinery when such need arises. Our services range from desktop appraisals of certain pieces of equipment to full appraisal reports on the machinery and equipment located in a plant.
We have worked for banks and finance companies to evaluate their asset-based loans. And customers turn to us who just want to know what their machinery is worth. We have the experience and flexibility to be able to tailor our evaluations to meet any of our customers’ needs.
Classification of Machinery & Equipment
When appraising any machinery or equipment we buy or sell, the first step is to properly classify it. In general, we categorize assets into two groups: marketable equipment and special-purpose equipment.
Marketable equipment is easier to value because ample data exists to support both reproduction and replacement costs, whether new or used. This allows us to establish reliable reference points that help inform an accurate estimate of the equipment’s value.
Special-purpose equipment, on the other hand, can typically only be referenced by its “replacement cost new.” Since these items have limited utility and little to no presence in the broader marketplace, each appraisal must be handled individually. Any loss of value is reflected on a case-by-case basis, as no comparable market prices exist the way they do for marketable equipment.
Equipment Appraisal Depreciation
When a market price is set, then the depreciation begins. We factor this into the new price for the given machine or piece of equipment. During this consideration, we take into effect three types or causes: physical deterioration, functional obsolescence, and economic obsolescence.
Physical deterioration is the loss in value or usefulness of a machine or piece of equipment. This deterioration occurs due to the expiration of its' usefulness, prolonged exposure to natural elements, internal defects from years of use, or any other factors that take place over the course of time.
Functional obsolescence is a fancy way of saying that this machine or piece of equipment is no longer useful. It is either inefficient or inadequate when compared to similar items. And replacing parts is more costly due to the more obsolete technology at hand.
Economic obsolescence is when the machine or piece of equipment losses economic standing and/or value. This is an external reason and has nothing to do with the asset itself. For example, there may be an increase in the cost of raw materials, labor or utilities that hurt the use of the asset. New environmental regulations, a reduction in demand, more competition, and inflation are also reasons for the loss in value.
Contact Us for Professional Equipment Appraisal
AmerEquip International has years of experience appraising all types of machinery. We deal with clients throughout the country. Consulting and appraisal services are available, as well as liquidation, auction and consignment methods for disposing of surplus assets.
If you are looking for equipment experts to appraise your industrial machines, please reach out to us today. We will gladly go over all the details of the appraisal process.
Request Appraisal
For professional plant and equipment appraisal services, please contact us. When you reach out, we can discuss the appraisal for any piece of equipment. When we do our appraisal, we will make sure it is fair and accurate. Years of experience are behind each of the decisions we make, so they can be trusted 100%.
There are common methods for appraisal, which you can check out to familiarize yourself. And we understand the importance of understanding depreciation and how that reflects the new price points. So please, do not hesitate to reach out and learn more about our equipment appraisal services.
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