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Equipment Appraisal Professionals
Nationwide Supplier of Used Pharma Equipment
AmerEquip International has years of experience as an appraiser of industrial machinery and equipment. We understand the ins and outs of how to properly evaluate this equipment. Which then helps up move and sell this equipment in the future. Many in the pharmaceutical, packaging, nutraceutical, processing and other related industries turn to our professional equipment appraisals when buying and selling equipment and machinery for their industry.
Classification of Machinery & Equipment
When it comes to appraising any machinery or equipment we buy and/or sell, the first step is simply the classification of it. For the most part, we aim to classify these assets into two groups: Marketable equipment and special purpose equipment.
Marketable equipment is the less challenging valuation of the two. This is because there is more data available that supports their reproduction or replacement costs in both new and used estimates for the marketplace. We can develop a proper point of reference and use it to support and estimate the value of the machine or piece of equipment.
When it comes to special purpose equipment, it only has "replacement cost new" price points as a point of reference for the appraisal. So when it comes to deficiencies in utility and use in the marketplace, the appraisal can only be done on a case-by-case basis. Which means the loss of value is reflected accordingly. But there is no comparison price point as with the marketable equipment that is still in circulation.
Depreciation in Appraisal
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 AmerEquip Today
AmerEquip International offers reliable and trustworthy equipment appraisal. We offer this appraisal for an abundance of equipment and machinery, which includes packaging machinery, processing equipment, and pre-owned pharmaceutical equipment. Among many other pieces of machinery and equipment. And we provide accurate results, ensuring you get a fair deal.
Request Quote or Appraisal
For more information about our appraisal services, please contact us today. We will happily answer any questions or concerns you may have regarding the machinery and equipment we have for sale. To speak to someone at our office, please call 845-628-8824. When you reach out, we can further discuss the equipment and machinery you want to buy.