VEHICLE & EQUIPMENT APPRAISALS

We are available for comprehensive, on-site, appraisals anywhere in Canada with our physical locations in Alberta, Saskatchewan, Manitoba and New Brunswick.

 

We provide complete, well documented appraisal reports on your vehicles and equipment, whether you are buying, selling, involved in litigation, starting a business, dissolving a business, or applying for a loan.

 

 

We are certified Canadian Personal Property Appraisers and members of the Canadian Personal Property Appraisers Group.  We adhere to a strict code of ethics and we are compliant with the Universal Standards of Professional Appraisal Practice (USPAP 101).

ACCREDITED APPRAISERS OF: 

 

Trucking, Heavy Equipment, Mining & Oilfield Equipment, Agricultural & Farm Machinery, Vehicles & Classic Cars, RV's & Boats

 

 

WE WORK WITH: 

 

Insurance Companies, Financial Institutions, Accountants, Lawyers, Corporations, Contractors, Farmers, and Individuals.

 

 

WHAT AN APPRAISER DOES: 

 

- Assembles pertinent data

- Conducts market research

- Applies appropriate analytical techniques

- Applies knowledge, experience and judgment

- Arrives at a conclusion of value

 

 

WHAT FACTORS ARE CONSIDERED WHEN DETERMINING VALUE?

 

- Condition of the assets

- Features and options

- Functionality

- Market conditions & trends

- Sales of comparable assets

- When applicable: installation, removal & replacement costs

 

 

TYPES OF APPRAISALS:

 

FAIR MARKET VALUE - the price at which the property would change hands between a willing buyer and a willing seller, neither being under the compulsion to buy nor sell; and both having reasonable knolwedge of the relevant facts.

 

REPLACEMENT COST - the cost of replacing a paticular item when it is either lost or destroyed.

 

LIQUIDATION VALUE - the price paid for goods when there was a financial situation, or other limiting circumstances, existing at the time of the sale so as to require a sacrifice.

 

GOING CONCERN VALUE - the value obtainable for the assets through private negotiations between a willing buyer and a willing seller on a total entity basis in order to continue operations in place, over an acceptable period of time.

 

MARKET VALUE IN PLACE - a professional opinion of the estimated value to be realized for the property as installed for intended use, in an exchange between a willing buyer and a willing seller, neither being under an compulsion to buy nor compulsion to sell, with both parties aware of the relevant facts, as of the effective date of the appraisal.

 

 

 

Contact Us:

Kim Davis

Curt McChesney

South Sask Equipment Appraisals

 

Head Office

PO Box 3081

Regina SK

S4P 3G7

 


Kim Phone: (306) 370-9070

Email: kim@southsask.ca

Curt Phone: (639) 328-7227

Email: curt@southsask.ca

 

 

Business Hours

We are open 8:00 a.m. to 4:00 p.m., Monday through Friday.

 

We are able to provide after hours and weekend services when necessary.

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