Valuation of vehicles
Valuation of cars, special-purpose machinery, rolling stock, aircraft, sea-going and river vessels
We value cars and trucks, special-purpose vehicles and machinery, rolling stock, aircraft, sea-going and river vessels.
We value both individual units and fleets of vehicles and machinery, including those on lease or pledged as collateral.
Finappraisal values vehicles for transactions, financing and disputes
Sales and purchases
Supporting the price of cars, special-purpose machinery, rolling stock and vessels
Collateral
Market and liquidation value of vehicles and machinery pledged to a bank
Leasing
Value of a repossessed leased asset to calculate the balance of mutual obligations (Resolution No. 17 of the Plenum of the Supreme Arbitrazh Court of the Russian Federation dated 14 March 2014)
Insurance
Actual value of vehicles, aircraft and sea-going vessels for an insurance contract
Financial reporting
Fair value of vehicles and vessels for the revaluation of property, plant and equipment and impairment testing
Bankruptcy
Valuation of the debtor's vehicles and machinery to determine the starting price at auction (Article 130 of Federal Law No. 127-FZ "On Insolvency (Bankruptcy)")
The value of cars and special-purpose machinery is determined primarily using the market approach: prices of comparable models with adjustments for year of manufacture, mileage or operating hours, specification and technical condition. For rare and specialised machinery the cost approach is applied, taking into account physical deterioration and obsolescence, and for machinery that is leased out, the income approach as well.
Aircraft, sea-going vessels and inland waterway vessels subject to state registration are valued in accordance with Federal Valuation Standard FSO No. 10 "Valuation of Machinery and Equipment", taking into account their class, service life, remaining useful life and technical condition. The valuation report sets out a reasoned conclusion of the market value of the vehicles with supporting analysis for decision-making.