Many times the best way to find out the real value of your machinery or equipment is to source a used machinery dealer that is actively selling like equipment. The dealer will be able to tell you the market value today as opposed to just someone's asking price online.20 Apr 2020
Is there a blue book for equipment?
The Blue Book has become the standard for determining equipment rental rates across the industry, and it is used by private contractors, large corporations and the government.
Is there a blue book for excavators?
The Blue Book Building and Construction Network is the Industry's leading source of regional, categorized Excavators - Hydraulic information. The Blue Book features over 1,000,000 company listings in BlueBook and CSI industry catagories (including Excavators - Hydraulic).
How do you find the value of equipment?
- Sales comparison method. In the sales comparison method, an appraiser determines the equipment's value by researching the market for similar new and used equipment, and seeing what it has sold for.
- Cost method.
- Income method.
Is there a blue book for construction equipment?
The 2008 edition of the Blue Book for Construction Equipment (most major makes and models) has over 1,000 pages of prices, values and specifications.28 Oct 2011
What are equipment rates?
The equipment rates include fuel, oil, lubrication, repairs, maintenance, and insurance. The cost of moving most equipment to the job is included in Section 151 - Mobilization. Profit and overhead charged to equipment are included herein (16 percent).