Heavy Equipment & Fleet Appraisal
Value commercial equipment and multi-asset fleets according to configuration, use, condition, and the appropriate market.
What This Appraisal Addresses
Heavy equipment and fleet assignments may involve one damaged asset or a schedule of vehicles and machinery. The appraisal considers identification, configuration, installed equipment, mileage or operating hours, maintenance, condition, and comparable-market evidence appropriate to each asset.
Evidence Considered
- Asset type, serial number, and configuration
- Mileage or operating hours
- Maintenance history and documented condition
- Comparable assets appropriate to the assignment
What To Send First
- Asset list with VINs or serial numbers
- Mileage or hours and configuration details
- Maintenance records and photographs
- Vehicle year, make, model, VIN, and mileage
- Current and pre-loss photographs when available
- Relevant reports, invoices, receipts, and correspondence
Do not delay a policy or legal deadline while gathering documents. ProValue provides valuation services and does not give legal or tax advice.
Questions About Heavy Equipment & Fleet Appraisal
Can You Appraise Multiple Assets?
Yes. Send an asset schedule and the purpose of the assignment so the scope and information requirements can be confirmed.
Are Operating Hours Important?
They often are. Include hours, mileage, service history, attachments, and configuration information when available.