Used Equipment Value Calculator

You can calculate the depreciation of business equipment if you know the original cost of the equipment the expected residual or salvage value of the equipment and the expected useful life of the equipment.

Used equipment value calculator.

Find blue book values and fair market prices on used guns computers stereos and more with online price guides and the most accurate used equipment data online. Loan amounts vary widely between industries 5 000 5 000 000. Knowing the market value lets you decide how to price your used equipment. Whether you are selling used farm equipment or other used equipment determine a good price for the item in the same manner.

The following formula is the annual straight line depreciation method used for equipment valuation. They include replacement cost fair market value for continued use fair market value exchange court ordered liquidation values and forced sale liquidation values. Construction equipment pricing fair market values on used machinery heavy equipment pricing used construction equipment used heavy equipment by milissa wise january 9 2017 leave a comment. Equipment values equipment category attachments auctions services buildings barns real estate chemical applicators construction equipment grain handling and storage harvesting hay forage lawn and garden livestock manure feeders miscellaneous planting equipment precision ag equipment software recreational utility rotary cutters and shredders skid steer loader loaders tillage tires wheels tracks.

There are three depreciation formulas used to value equipment but the annual straight line depreciation method is the most commonly used and easiest method. Depreciation cost residual value useful life years. Demand and supply are what drives market price which means it can change at any time. We used our work with more than 75 lenders to inform calculator estimates for your equipment loan.

One problem with undervaluing equipment he says is that in the event of loss from theft fire tornado or a flood the burden of proof is on the insured to prove that the equipment was worth more than the insurance company has. How much you can borrow depends on the type of equipment you re financing its lifetime value and whether it s new or used.