Equipment Worth Source

[Waterchikn]

I was just curious if anyone knows a good sorce to get the estimated cash value of your equipiment. For instance, if you had a truck with a plow on it and a trailer for a skidsteer, you would be able to go to this "source" and find the value of it. Maybe this is crazy question, but I find myself needing to get the value of some equipment and don't know where to go. I would just post what the equipment is, but it is changing every day, in other words, I have been looking at different kinds of equipment every day. Any help is appreciated.

[John Banks]

You're best bet, imo, is to find a business valuation analyst or an appraiser. A few years ago I was going through the due diligence process for purchasing another business. I had an appraiser give me a value on the equipment. You can also talk to dealers to see what the trade in value/market values are.

Also try Machinery Trader/Truck Paper. You can look up equipment and perhaps get an idea that way by comparing similar equipment.

Hope this helps.

[Waterchikn]

The equipment trader has been handy, its just taking 10 skidsteers and using an approximation of the prices. Appraisers want money for their services, which is understandable, and I am sure the numbers would be more accurate. But the "for sale" items seems to get me pretty close. Thanks for your help..I forgot I posted this thread, as to the lack of replies, but then again, it isnt the average everyday question. Thanks again.