One of the popular trends in valuation activity is the appraisal of transport vehicles. Valuation of transport vehicles may be required for a range of possible uses, including financial reports, purchase and sale, and taxation. Valuation of transport vehicles does not only include the appraisal of conventional cars and trucks, but also the valuation of air, maritime, railway, and other transportation means.
The following can be mentioned as transport vehicles:
Motor transport:
- Motor cars
- Trucks
- Cargo trailers
- Buses
- Motorcycles and mopeds
- Special machinery
Maritime transport
- Large vessels
- Boats
- Ferries
- Cruisers
- Yachts etc
Air transport
- Passenger planes
- Cargo aircrafts
- Helicopters
Rail transport
- Passenger trains
- Freight trains
- Trams and trolleybus
- Locomotives etc
In addition to the conventional types of transport, there are also unconventional means of transportation. Air balloons, fixed wings, funicular, and even pipelines are referred to such types of transport.
During the valuation of transportation means, the following factors are taken into account depending on their types:
- Type of transport
- Production year
- Engine power
- Technical capabilities
- Mileage
- Technical condition
- Color etc