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asset value .. help

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Dave from MN

02-23-2007 06:02:29

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Hey all, I doing an asset sheet for my bank, ( we are looking a a peice of land that just came up for sale) and I need some help on value for a few things that I am not really sure of.

6 ton Kasten running gear, completely rebuilt and refinished with new 8x15 treated bed on it.

6 ton (David Bradley?) running gear,completey rebuilt but not painted with new 8x14 treated bed

1970 IH 544 deisel Hydro with 4550 hours, WF, 3ph,2 hyd,open with fenders, with 2001 IH loader, perfect 2 year old paint and new tires all around

New Idea #217 Manure spreader. All new bearing, wood, end gate, and painted as new last fall.

97 chev 1 ton 454 4x4 with 5th wheel,snow and trailer package. great shape but 160,000 miles.

Could any one give me a close value on these, I know the values of everything else i have , but these I am not rreally sure of.

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flying belgian

02-23-2007 18:26:44

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Re: asset value .. help in reply to Dave from MN, 02-23-2007 06:02:29

I don't know about the gears but the flat racks are about $300 each.

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JMS/MN

02-23-2007 13:45:42

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Re: asset value .. help in reply to Dave from MN, 02-23-2007 06:02:29

Kasten is a relatively recent (30 years) running gear- typically about $300 or so for that size on an auction. 8/10 ton will bring $400. DB is an antique, likely not to be 6 ton, maybe couple hundred bucks. Add most of the price of the rack, since they are new.

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Keith-OR

02-23-2007 08:08:00

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Re: asset value .. help in reply to Dave from MN, 02-23-2007 06:02:29

Dave, you can get the same value on your 97 Chev that the bank or dealer would comes up with, by useing Blue book or NADA

Here are the website for these.HTH

Keith & Shawn

www.NADA.com
www.bluebook.com

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Brokenwrench

02-23-2007 06:57:32

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Re: asset value .. help in reply to Dave from MN, 02-23-2007 06:02:29

Dave,
I can guess, that`s about it.

Running gears with new beds, 900-1200 ea

544- diesel hydro utility with newer loader
12-15,000 (this sounds like a sweet setup)

Spreader, depending on who wanted it 12-2400

Truck, 9-10,000

These are just quick guesses, don`t be offended if you feel I guessed low on anything. One thing to remember when assigning value to something you have done alot of work yourself on, is to set a value on your time and materials.
It`s not fair to you otherwise. If your doing this for the bank, guess high. Around me anyway, things like the running gears and smaller manure spreader can go pretty high.

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Luke S

02-23-2007 07:10:38

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Re: asset value .. help in reply to Brokenwrench, 02-23-2007 06:57:32

I think you are high on the truck. I just sold a 98' Chevy 3500 ext cab, 4x4, leather, only 50,000 original miles like new, for $12,000 which I thought was plenty. I am thinking more like $5,000-$7,000 on the truck.

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