The construction industry in the United States represents over 4% of GDP. The booming business has led to a big need for construction equipment appraisals.
Here are some of the reasons people request an appraisal of construction equipment:
- Bank or project financing (collateral assessment)
- Sale of construction equipment
- Insurance claims
Qualified equipment appraisers can appraise many types of construction equipment. Here are some of the more commonly appraised types of construction equipment.
- Concrete truck and concrete pump
- Dump truck
- Construction site equipment
- Construction elevator
Equipment appraisers can appraise all brands of construction equipment including Bobcat, Hitachi, Volvo, American Crane and more.