Opincar Machinery has been a Machine Tool Dealer for over 40 years. Tom started in his father’s machine shop at the young age of 14. Tom’s son TJ has been working in the machine tool industry for over 20 years. Opincar Machinery knows the current value of your used CNC or manual machine tools. We will provide a professional evaluation of your machinery, such as Boring Mills, Lathes, CNC machines, grinders, and other equipment typically found in

manufacturing or machine shops.

How Opincar Machinery does your Machine Tool Appraisals:

Fair Market Value (FMV): The price a willing buyer and seller would agree on under normal

conditions, often used for sales or tax purposes.

Liquidation Value: The estimated value of the equipment if the equipment must be sold quickly,

such as in bankruptcy or auctions.

Replacement Cost: The cost to replace the machine with a new equivalent, typically for

insurance purposes.

In-Place Value: The value of the machine as it contributes to ongoing operations, which may be

higher due to its role in production.

Valuation Methods:

Sales Comparison Approach: Compares the machine to recent sales of similar equipment,

adjusting for age, condition, and market demand.

Cost Approach: Estimates value based on the original cost minus depreciation, factoring in

wear, obsolescence, and maintenance history.

Factors Affecting Value:

Condition: Well-maintained machines with service records typically appraise higher.

Age: Older equipment may have lower value unless it’s a rare or highly sought-after model.

Technology: Machines with outdated tech may depreciate faster, while modern CNC tools often

retain value.

Market Demand: High demand for specific machines (e.g., during industry booms) increases

value.

Brand and Model: Reputable brands like Haas, Mazak, or Doosan often hold value better.

Process:

Documentation: Appraisers need Manufacture, model, serial number, purchase date, and

maintenance logs.

Inspection: A physical or desktop review (if remote) assesses condition and functionality.

Market Research: Appraisers analyze current market trends, auction data, and dealer prices.

Report: A detailed report outlines the valuation and supporting data, often adhering to standards

like USPAP (Uniform Standards of Professional Appraisal Practice).

Timing: Appraisals reflect a snapshot in time. Market conditions may differ even within a

few months.

Cost: Fees vary based on scope (e.g., single machine vs. entire shop) and complexity, ranging

from a few hundred to several thousand dollars.

Interested in getting an appraisal? Fill out the form below!