Machinery Appraisals

Used Vacuum Forming Machines and other Plastics Equipment - Useful Links

Our appraisals of used plastics machinery is the first step taken in selling your equipment. Accurately calculating the value of used machinery through appraisals is essential and since 1975 we have been providing

With this service. We can provide the “true value” of your equipment since our every day business is buying and selling equipment. We have 35 years of data and hands-on expertise to know what kind of equipment is selling at the time you are looking to liquidate your equipment. We will provide you the information and dollar value needed prior to offering the equipment for sale on the used market.

Our database of used plastics machinery consists of prior sales and potential customers which provides us the ability to accurately appraise your used machinery. We deliver fast, affordable and accurate information necessary for you to decide which method is best to sell your equipment. Our expertise is coupled with our familiarity with working with auctioneers, banks and leasing companies and providing them values that they will realize. This provides all involved with the ability to move the sale quickly - for one piece of equipment or a complete plant.

We are ready to assist you when information is required quickly to make a decision.. If you plan to liquidate a plant consider our Auction Services also.

Appraisal Valuation Definitions

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Fair Market Value - Removal

A professional opinion of the estimated most probable price expressed in terms of currency to be realized for property in an exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts as of the effective date of this appraisal report. This assumes the buyer will remove the property.

Fair Market Value - In Place

A professional opinion of the estimated most probable price expressed in terms of currency to be realized for property in an exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts, as installed for intended utilization, as of the effective date of this appraisal report.

Forced Liquidation Value (Auction Value)

A professional opinion of the estimated most probable price expressed in terms of currency which could typically be realized at a properly advertised and conducted public auction sale, held under forced sale conditions and under present day economic trends, as of the effective date of the appraisal report. Conclusions taken into consideration are physical location, difficulty of removal, physical condition, adaptability, specialization, marketability, overall appearance and psychological appeal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis ‘as is’ with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and or monetary appeal necessary to gain the price indicated.

Orderly Liquidation Value

A professional opinion of the estimated most probable price expressed in terms of currency which the subject equipment could typically realize at a privately negotiated sale, properly advertised and professionally managed, by a seller obligated to sell over an extended period of time, usually within six to twelve months, as of the effective date of the appraisal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis ‘as is’ with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the price indicated.

New Replacement Cost Value

A professional opinion of the cost expressed in terms of currency, F.O.B. the manufacturer’s plant, to purchase a new item of like quality and specifications. If such an item is unavailable, the appraiser has used his or her best judgment in estimating a value as of the effective date of the appraisal.

Desktop Opinion

A professional opinion of the appropriately defined value, expressed in terms of currency to be realized by the sale of assets, in which the opinion is generated from lists and/or other informational materials supplied to the appraiser and evaluated without the benefit of an actual on site inspection. This opinion is not recommended for use in credit decisions. A desktop opinion should be used to determine the need for an appraisal or the scope of an appraisal.

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