Florida Equipment Appraisal

Florida Equipment Appraisal

Certified, USPAP-compliant appraisal reports for heavy equipment, written for the lender, court, IRS reviewer or insurance carrier who will question the number.

Starting at $295. Same day quotes.

Roughly how many pieces of equipment?

Four quick questions. No obligation.

Info never shared.

How should the appraisal be done?

Desktop fits most files. On-site is for when a lender, court or insurer requires a physical inspection.

When do you need the finished report?
Where should the quote go?

A yellow Caterpillar 329E excavator works a cleared lot in Miami Beach, Florida, under a deep blue sky, with palm trees and hotel towers behind it.
Image credit: Phillip Pessar via Flickr, CC BY 2.0 (cropped)

One appraiser does the work and stands behind the number

The appraiser examines the equipment or its records, researches the market and writes the report. When a lender, a court or the IRS questions the value, the same person answers for it.

The appraiser early in his career, leaning on the front tire of a Cat motor grader in an equipment yard.
Rhett Crites, Certified Machinery and Equipment Appraiser (CMEA)

What you receive

One certified appraisal report that a reviewer can read from front to back without calling you. How much detail each part carries depends on what you can provide: serial numbers, hour meters, photos and maintenance records all make it stronger.

  1. A summary page for the reviewer

    Who the report is for, what it will be used for, the kind of value, the effective date and the conclusion, all on the first page.

  2. How the equipment was examined

    Whether the work was done from records and photos or by inspection on site, and how the condition of each machine was established.

  3. Each machine identified

    Make, model, year, serial number, hours or miles, attachments and configuration, as far as the records and photos show them.

  4. The condition of each machine

    Wear, damage and working order described machine by machine, with the photos that support the description.

  5. The market evidence

    Comparable sales with their sources, and why each one is relevant to your machine.

  6. The reasoning behind the number

    How the comparable sales were adjusted for age, hours, condition, location and attachments to reach the value.

  7. Certification

    The certification, assumptions and limiting conditions that the Uniform Standards of Professional Appraisal Practice (USPAP) require, from the Certified Machinery and Equipment Appraiser (CMEA) who researched the market and wrote the report.

Summary and value

Summary and value of a sample report
ClientSample client
Purpose of the appraisalTo estimate fair market value for the client’s own business use
Location of the equipmentVarious locations in Florida
InspectionDesktop, March 2026
Effective dateMarch 2, 2026
Items appraised12
ConditionWell maintained and operable, good to very good
Type of valueFair Market Value
Fair Market Value$250,000
Five largest machines, with hours and value
MachineHoursValue
2019 Caterpillar 320 excavator3,000$60,000
2018 John Deere 644K wheel loader4,000$50,000
2017 Komatsu D51PX crawler dozer5,000$40,000
2020 Bobcat T770 compact track loader1,500$30,000
2016 Caterpillar CS56B vibratory roller2,500$20,000

Certified Machinery and Equipment Appraiser (CMEA), Heavy Equipment Appraisal LLC

A sample report, laid out as delivered

Twelve pieces of equipment, eight machines and four trailers, appraised by desktop. The client and every figure are samples, not a client’s results. The layout and labels are the ones a delivered report uses.

Each line carries the year, make, model and hours behind its value. The five largest are shown; seven smaller lines complete the total.

A sample report page headed Summary and Value: a desktop appraisal made during March 2026, at the request of Sample client, of equipment at various locations in Florida, with a fair market value for the property in total of $250,000.

The summary and value page, rebuilt with the same sample figures.

How an appraisal runs, from first question to finished report

  1. You answer four questions

    How many machines and what they are, desktop or on-site and where they sit, when you need the report, and where the quote should go. Nothing to upload.

  2. A fixed fee arrives by email

    Same day. The quote names what the work covers, what it costs and the date the report will be ready.

  3. You send what you have

    Serial numbers, hours or miles, photos and any service records. If the file needs an inspection, the visit is scheduled.

  4. The certified report is delivered

    The report arrives on the date the quote named, USPAP compliant, with the market evidence and the reasoning for each value written out.

The appraiser in front of an orange Broce Broom road sweeper on a sunny day, with green grass and trees behind.
At the machine. Wear, leaks and the hour meter are read in person when a file calls for an inspection.

Who reads the report, and what they check first

A valuation nobody questions is rare. These are the readers who press equipment appraisers hardest, and where each one starts.

Lenders and SBA reviewers
Whether the report states plainly if the equipment was inspected on site, and whether the kind of value fits the loan: fair market value for collateral, liquidation value for a loan in default.
Courts and opposing attorneys
The appraiser’s qualifications, whether the method can be defended under cross-examination, and whether the number in the report is the number the appraiser will stand behind in testimony.
The IRS and your CPA
Whether the appraiser is qualified under the tax rules, whether the value definition matches the filing, and whether the report carries the disclosures an examiner looks for.
Insurance carriers and adjusters
Whether total-loss machines were separated from repairable ones before depreciation was applied, and how actual cash value (what the machine was worth just before the loss) and salvage value (what the damaged machine brings sold as it is) were reached. After a hurricane or a flood this is most of the argument.
Buyers, sellers and partners
Whether the valuation is independent of whoever paid for it. The fee never depends on the conclusion, and the report states it.

Equipment we appraise

Heavy equipment only: construction equipment, trucks, farm and oilfield machinery, from one machine to a fleet of several hundred. No real estate, aircraft, livestock or fine art.

Appraisal services wherever the equipment sits

Desktop appraisals cover the whole state. On-site inspections are scheduled when the people reading the report require one.

What an equipment valuation gets used for in Florida

  • Storm and flood losses

    After a hurricane the carrier wants each machine sorted into repairable or total loss, with an actual cash value and a salvage figure for each. A report written for that purpose gives the adjuster and the owner the same list to work from.

  • Loans against equipment

    Banks and SBA lenders across the state ask business owners for an independent equipment valuation before lending against a fleet, and again when a loan is renewed or worked out.

  • The county tangible personal property return

    Businesses that own equipment on January 1 report it to their county property appraiser on Form DR-405, due April 1. When the county’s figure looks high, an independent valuation is the evidence an owner brings to the conversation. Form DR-405 at the Florida Department of Revenue

  • Estates, partner buyouts and divided assets

    When a divorce, an estate or a buyout between partners means a contractor’s or a grower’s equipment has to be divided or bought out, both sides and their attorneys need one number that neither of them produced.

  • Bankruptcy and litigation

    Florida has three federal districts, Northern, Middle and Southern, and equipment values come up in all three when a secured lender and a debtor disagree.

A Hyundai excavator on a sand dune loads a yellow articulated dump truck on the beach at Naval Station Mayport, Florida.
Salt air and sand work on undercarriages, pins and hydraulics faster than inland dirt does, which is why coastal hours and inland hours are not worth the same.Image credit: U.S. Navy photo by Chief Petty Officer Yan Kennon, public domain

Two valuation files, and what happened to them

Client names are left out of both cases.

From clients

We couldn’t be more pleased and highly recommend their services.

Stephen F., equipment donor, on Google

I had a chance to run through it and think it looks great.

Max M., Bank Lender

I am happy with the report as is.

D. P., Senior Vice President at a community bank

Rated 5.0 on Google

Equipment appraisals: the questions people ask first

What is an equipment appraisal?

It is a certified, written opinion of what a machine or a fleet is worth on a given date, for a stated purpose. The appraiser identifies each machine, establishes its condition, compares it with sales of similar machines and explains the reasoning in a written report.

What does an equipment appraisal cost in Florida?

Appraisals start at $295. From there the fee depends on how many machines there are, whether the work can be done from records and photos or needs an inspection on site, and how soon you need the report. The fee never depends on the value. Answer the four questions above and the quote comes back by email.

How long does it take?

Quotes go out the same day you ask. Report timing depends on the size of the fleet and whether an inspection is needed, and the quote states it. Rush delivery is available for single machines and small groups.

Do I need a desktop appraisal or an on-site inspection?

Desktop appraisals, done from records, serial numbers and photos, fit most files. An on-site inspection is for when a lender, a court or an insurer requires that someone examine the equipment in person, or when condition is the main question. If you are unsure, choose "Not sure yet" and the quote will say which one fits.

How is fair market value different from liquidation value?

Fair market value assumes a normal sale between a willing buyer and a willing seller with time to find each other. Orderly liquidation value assumes the equipment must be sold within a limited period, with reasonable time to find a buyer. Forced liquidation value assumes an immediate sale, such as an auction. Lenders, courts and insurers each ask for a particular one, and the report names which it is.

What should I have ready?

A list of the machines with make, model, year and serial number, the hours or miles on each, recent photos, and any maintenance records or purchase invoices you have. An equipment inventory or a depreciation schedule from your accountant is a good start.

My equipment was damaged in a hurricane. Can it still be appraised?

Yes. Loss appraisals are written for exactly this: what each machine was worth before the storm, whether it is repairable, and what it is worth as salvage. Photos taken before any cleanup, hour meter readings and repair estimates all help.

Start your appraisal with one question

To have equipment appraised, tell us how many machines there are and what they are. The quote comes back by email with the scope, the fee and the timing.

Start my quote