Transport assessment

Appraisal of the value of vehicles is a specialized procedure during which the market value of movable property is determined, taking into account its current condition, degree of wear and tear (both physical and moral), and a range of other price-determining factors. Depending on the situation, the appraiser may calculate other values instead of the market value, such as liquidation, investment, disposal value, etc.

Why Appraise Various Types of Transport?

Vehicle appraisals are most often conducted for the conclusion of civil-law transactions: buying, selling, gifting, or exchanging. Expert conclusions help justify the declared value and provide an understanding of the current condition of the vehicle. Beyond civil-law transactions, the results of the appraisal are needed in the following cases:

  • Property division between owners, such as during divorce proceedings.
  • Obtaining a bank loan secured by property: financial institutions calculate the liquidation value, i.e., the amount for which the collateral can be quickly sold if the borrower fails to repay the loan.
  • Inheritance procedures: the notary calculates the state duty based on the appraisal data.
  • Distribution of inheritance among multiple claimants: as a car or other vehicle cannot be divided into parts, one heir may keep it, while compensating others with their respective shares in financial terms.
  • Lease agreement conclusion.
  • Calculating damages after an accident, including restoration costs (in this case, restoration value is additionally calculated).
  • Accounting for legal entities or decommissioning from the balance sheet.
  • Contribution to charter capital: by law, movable and immovable property must be accounted for in a financial equivalent of its value.
  • Pre-trial and court settlement of property disputes.
  • Company liquidation, reorganization, bankruptcy.
  • Customs clearance: an appraisal report is needed to confirm the declared vehicle value.
  • Disposal: in this case, the disposal value is calculated.
  • Comprehensive assessment of the property base of an individual or legal entity.
  • Registration of transport received free of charge.

You can clarify the details of the appraisal procedure for each specific case with our appraisers during a free preliminary consultation.

What Vehicles Do We Appraise?

Our specialists are highly qualified to conduct appraisal procedures for all types of transport, including:

  • Motor vehicles: passenger and freight vehicles, buses, trams, trolleybuses, sports cars.
  • Motorcycles: including sidecars, ATVs, mopeds, and sports motorcycles (for rally, motocross, and other disciplines).
  • Water transport: boats, motorboats, yachts, jet skis, river and sea vessels of various purposes.
  • Rail transport: electric and diesel locomotives, wagons (freight, passenger), railcars, platforms, tank cars.
  • Air transport: aircraft (freight, passenger, mixed-use), helicopters, gliders, hot air balloons, special aviation (medical, firefighting, sports, training).
  • Non-mechanical vehicles: bicycles, trailers for passenger and freight cars, horse-drawn carriages.
  • Special machinery: road construction, construction, municipal, agricultural, etc.
  • Warehouse machinery: forklifts, stackers, manipulators, warehouse carts.
  • Municipal equipment: watering machines, snow plows, garbage trucks, vacuum trucks.
  • Construction and road equipment: pavers, rollers, excavators, graders, bulldozers, tower cranes.

You can always contact our consultants to clarify the possibility of appraising specific types of vehicles.

Features of Vehicle Appraisal

Vehicle appraisal for court, notary, bank, or any other interested party is conducted taking into account the maximum number of price-determining factors. These factors can be divided into two groups: external, unrelated directly to the vehicle, and internal, formed as a result of processes affecting the vehicle itself.

External factors include:

  • Market situation, supply and demand levels.
  • Presence of the manufacturer in the market – if the factory has ceased operations, there may be difficulties with servicing and finding spare parts.
  • Availability of analogs and their cost.
  • Popularity of a particular brand or make.

Internal factors:

  • Structural and functional: type of vehicle (freight, special equipment, passenger, etc.), body type, capacity, payload, engine type and power, presence and characteristics of components, presence of safety systems (active, passive, ecological, etc.).
  • Operational: mileage, age, operating conditions, date of last maintenance, conservation, date of last repair, list of replaced parts and assemblies, current physical condition.

The combination of these factors allows for the calculation of the degree of physical, functional, and moral depreciation, which also affects the final value of the vehicle.

Depending on the client’s wishes, our appraisers can conduct an appraisal with or without defects taken into account and prepare an appraisal act or report in paper or electronic format.

Advantages of Our Appraisal Company

We conduct appraisals with the help of in-house specialists who fully meet legal requirements. Our appraisers have the necessary educational background, confirmed qualifications, required licenses, and certificates. Most importantly, they have extensive practical experience, allowing them to avoid mistakes even when appraising complex objects with significant wear and tear, rare items, or those with non-standard configurations.

Our advantages:

  • Affordable prices with no hidden fees.
  • Legal and financial guarantees.
  • Liability insurance.
  • The possibility of in-person or remote appraisal.
  • Reporting in a convenient format: paper or electronic (the latter can be sent directly to the notary).

Service Benefits