How to determine the residual value of a machine?
There are various methods for determining the residual value of used construction machinery. On the one hand, you can request an online valuation for heavy equipment. This works, for example, at Lectura or Mevas. You pay a small amount and provide the machine’s data, such as the year it was built and the operating hours. You will then receive an evaluation based on the data. At MEVAS you can get this for just € 100 for a single machine. You can order it here.
How does the valuation of heavy equipment work?
In most cases, an online valuation for heavy equipment is not sufficient for a legally secure evaluation of a construction machine. The tax office or the audit office will not agree with an online assessment. The real state and situation of the market for used construction machinery is not taken into account in an online evaluation. In such a case, it makes sense to document the condition of the machine. Through this documentation and after assessing the current market situation, an appraiser can reliably determine the residual value of the machine. If you require such a valuation, please contact us. We do it for a fair price. It doesn’t matter whether you want to have a single machine rated or a large number.
How much does a heavy machinery evaluation cost?
As described above, we carry out a valuation for a single machine for as little as € 100. In return, you will receive a document on MEVAS letterhead describing the residual value of the machine and the reasons for the valuation.
We are able to carry out much more complex projects. MEVAS has references for larger projects where companies and organizations have used us to value a large number of assets. To date, no client has ever complained about an asset valuation by MEVAS. We have already valued machinery in quarries, gold mines and construction companies. One example: After the construction work for the World Cup in Qatar, we inspected and valued 180 construction machines, cranes and construction vehicles there.
We evaluate residual values for:
- Excavators, Wheel Loaders, Loader Backhoe
- Bulldozer, Tracked Loaders, Crawler Loaders
- Rigid and articulated dump trucks
- Forklift trucks and reach stackers
- Telescopic loaders, Lifting Equipment
- Paver asphalt, compaction rollers, motor graders
Online-valuation versus on-site valuation
The online valuation for heavy equipment is useful for smaller projects with individual machines and when it is just a matter of getting more certainty in estimating the residual value. If you need the residual value for a legal dispute or for the tax office, we recommend a valuation with physical inspection on site. More about this on the page for valuation and inspection.
Send us the machine date and we get back shortly
Please send us an inquiry for your valuation project. We will respond quickly with a fair offer. We would be happy to talk to you about the criteria we use to evaluate machines and how we proceed with such projects. It does not matter, in whicj country the machines are located. We travel globally and have inspectors in more than 25 countries.
Info for German-Speaking customers
If you are from a German-speaking country, we would like to recommend that you visit our website www.baumaschinen-gutachten.de. There you will find all information in German with many details about our service.
Is it sufficient to use an online heavy machinery evaluation for M&A
While online heavy machinery evaluations can provide valuable insights, relying solely on them for M&A (mergers and acquisitions) due diligence may not be sufficient. Here are a few reasons why:
- Accuracy: Online evaluations might not provide the accuracy needed for assessing heavy machinery. Factors like wear and tear, maintenance history, and actual condition may not be adequately captured through online evaluations alone.
- Complexity: Heavy machinery often has intricate mechanical, electrical, and hydraulic systems that require thorough inspection by experts. An online evaluation may not delve deep enough into these complexities to provide a comprehensive understanding.
- Risk Management: M&A transactions involve significant financial investments. Relying solely on online evaluations could increase the risk of overlooking critical issues that could affect the value or performance of the machinery post-acquisition.
- Regulatory Compliance: Heavy machinery may be subject to specific regulations and safety standards. These regulations may vary by location and industry. An online evaluation might not cover compliance aspects adequately.
- Market Dynamics: Market conditions, demand, and technological advancements can impact the value and competitiveness of heavy machinery. Online evaluations may not incorporate current market dynamics effectively.
For M&A transactions involving heavy machinery, it’s advisable to complement online evaluations with thorough on-site inspections by experienced engineers or third-party inspection services. These inspections can provide a more accurate assessment of the machinery’s condition, identify potential risks, and help in negotiating a fair deal. Additionally, consulting legal and regulatory experts to ensure compliance with relevant laws and standards is crucial.