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I recommend AppraiseItNow Inc. highly… I would use them again
They diligently researched both equipment items and provided well-documented reports
AppraiseItNow was able to provide me exactly what I needed on a timely basis
DEFENSIBLE, USPAP-COMPLIANT AUTO EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, INSURANCE AGENCIES, LENDERS, AND MORE.
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Owner & CEO
Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.
Machinery & Equipment Appraiser
Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.
Vehicle Appraiser
CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsAppraiseItNow provides certified appraisals of automotive service equipment, shop tools, and dealership assets for insurance coverage and claims, asset-based lending, estate and gift tax reporting, charitable donations under IRS Form 8283, divorce proceedings, and financial reporting.
Market knowledge
Auto equipment occupies a specialized corner of our equipment and machinery appraisal services. Valuing it takes appraisers who understand both the commercial equipment market and the automotive industry's depreciation patterns.
How we work
Many auto equipment appraisals are completed remotely using photographs, serial numbers, and equipment documentation. We coordinate an onsite inspection when asset condition, operational status, or lender requirements make a physical review necessary.
Value definitions
We offer four definitions of value for auto equipment, and the intended use of the report decides which applies:
We appraise the specialized tools and systems found in repair facilities, dealerships, and fleet service centers, from the lifts and alignment racks in the bays to the paint booth and the service lane.
Service bay
The equipment that works on the vehicle in the bay:
Collision and paint
Body shop equipment, from the frame rack to the booth, and the air that runs the tools:
Quick service, dealership
High-volume service equipment and the assets specific to a dealership:
We serve auto shop owners, dealership operators, fleet managers, and business owners working through a sale, closure, or financing, as well as the attorneys, CPAs, and lenders who require an independent valuation for legal, tax, or transactional purposes.
Shops, dealers, fleets
Independent repair shops, franchised dealerships, fleet maintenance operations, and auto body businesses engage us when a sale, a closure, or financing puts a value on the shop's equipment.
Advisors and lenders
The attorneys, CPAs, and lenders who work with automotive businesses bring us auto equipment appraisals for legal, tax, and transactional purposes that require an independent valuation.
What auto equipment appraisal clients say we are known for
Across 16 published auto equipment appraisal reviews, every one from a client who paid AppraiseItNow for an appraisal, the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.
I recommend AppraiseItNow Inc. highly. I needed an appraisal of fair market value for geologic laboratory equipment for charitable donations to three universities. The unique items and limited secondary market complicated the valuation. They provided a sound, verifiable estimate and the 8283 forms that I was able to use in my tax filings. I would use them again.
Lab Equipment Appraisal for Charitable Donation
AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
Machinery & Equipment Appraisal
I needed an IRS-qualified appraisal for an unusual and costly piece of medical equipment. AppraiseItNow was able to provide me exactly what I needed on a timely basis. The personnel at the company are very friendly and helpful. I would definitely use them again.
Medical Equipment Appraisal for Charitable Donation
Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
Machinery & Equipment Appraisal for Bankruptcy Filing
I highly recommend the AppraiseItNow team. They were responsive and timely from start to finish, and the whole process was seamless. The final report was super detailed and gave me all the information I needed. I am so glad I hired them and would recommend them to anyone needing an appraisal!
Technology Equipment Appraisal for Divorce
They did an appraisal of medical equipment for donation. They did it quickly, and I received a blank form 8283 signed by the appraiser. It was what I needed. The price was higher than I wanted to spend on an appraisal, but a lot lower than other appraisers. AppraiseItNow was very responsive and communicative, and the other appraisers were not. I would use them again.
Medical Equipment Appraisal for Charitable Donation
Submit estimate or list of items for our review.
We'll share a flat fee quote for your approval.
Submit details on all of your items for our review.
We'll conduct detailed research and prepare a written USPAP-compliant report.
Delivery of your report and supporting documents (e.g., signed IRS Form 8283) by email.
Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.
Popular uses of our appraisal reports include:
Through the three traditional approaches: sales comparison against similar used machinery in the resale market, cost (replacement cost new less depreciation), and, less often, income for equipment that directly produces revenue. Price evidence comes from auction results, dealer listings, manufacturers, trade publications, and private transactions. A credible report explains why each approach was accepted or rejected rather than picking one by habit.
Under the cost approach, the appraiser trends replacement cost new and then deducts three layers of depreciation in order: physical deterioration, functional obsolescence, and economic obsolescence. The key inputs are replacement cost new, useful life, effective age, and condition, not the straight-line schedule on your books.
Each assumes a different sale scenario. Fair market value fits normal buying and selling, orderly liquidation value supports lender collateral and risk review, and forced liquidation value reflects distressed, time-compressed sales. They are not interchangeable, and a report that mixes them without defining the premise can misstate value by a large margin.
For each piece: purchase date, purchase price, balance-sheet carrying value, accrued depreciation, and the exact configuration including attachments, custom tooling, and auxiliary units. Age, condition, and remaining useful life drive the adjustments, and missing components or undocumented modifications can materially change the conclusion.
Two common triggers: donated equipment claimed at more than $5,000 generally requires a qualified appraisal with Section B of Form 8283, and estates must report equipment at fair market value on Form 706 when the gross estate exceeds the exclusion amount, which is $15 million for decedents dying in 2026. Equipment and vehicle collections count toward the taxable estate even when the individual assets seem ordinary.