Machinery & Equipment Appraisals · Nationwide

Consistency.
Report after report.

Jared Lukes, CEO and lead appraiser of Lukes & Lukes
Jared Lukes CEO & Lead Appraiser

Lukes & Lukes appraises the machinery and equipment businesses run on, across every asset class, with particular depth in medical and automotive. The same method on every assignment, and reports built to hold up in front of a lender, an auditor, the IRS or a court.

USPAP-Compliant CMEA Certified Defensible for Lenders, IRS & Courts 5.0 out of 5 from 15 Google reviews. Opens Google Maps.

Experience across the institutions that own the assets and finance the deals

Medtronic GE BMW Porsche U.S. Bank Wells Fargo Ameriprise Thrivent Principal

Our principals have consulted and performed analysis for organizations across healthcare, automotive and finance.

What we appraise

Deep expertise in the equipment that is hardest to value.

Hospital imaging and surgical suites, dealership service and collision bays, the machinery on a production floor, the automation in a distribution center. These are the assets where a generalist's number falls apart. We know what they sell for, and we apply the same rigor to everything alongside them.

Ingersoll gantry milling machine over a floor-plate work area
Gantry milling machine
FANUC welding robot with Lincoln Electric wire feeders in a welding cell
Robotic welding cell
Delta pick-and-place robots packing bagged produce into crates on a conveyor
Pick-and-place packing robots

Why Lukes & Lukes

Consistency is the standard.

A certified equipment appraiser inspects and reasons through every assignment, and a senior appraiser reviews it before it leaves. The approach does not change with the client, the size of the assignment or the outcome anyone would prefer. You receive an opinion of value you can put in front of a credit committee, an auditor, the IRS or a court, supported line by line.

  • Cost, market and income approaches applied by a certified equipment appraiser
  • Independent senior review on every report, without exception
  • Itemized appendix, narrative and photographs in every report
  • Built for lenders, the IRS, auditors and the courts

See how a value is built →

An asset is worth a number. That number is either defensible, or it isn't. There is no almost.

Lukes & Lukes · the family standard

How it works

A tight, modern process. On the floor when it counts.

Tell us the assets

Start a request with your asset list and photos. We scope desktop versus on-site quickly.

We inspect & analyze

Cost, market and income approaches applied by a certified equipment appraiser, not a database.

Senior review

Every report is reviewed before it leaves. Assumptions, data and methodology confirmed.

Defensible report

A narrative, an itemized appendix and photographs. Everything a reviewer needs to verify the number.

Common questions

Answers, up front.

What is a machinery & equipment (M&E) appraisal?

An M&E appraisal is an independent, USPAP-compliant opinion of the value of machinery, equipment and rolling stock, used for lending, sale, audit, litigation, tax and insurance. Lukes & Lukes issues reports granular enough to defend and clear enough to act on.

What's the difference between FMV, OLV and FLV?

Fair Market Value (FMV) assumes a willing buyer and seller under no pressure. Orderly Liquidation Value (OLV) assumes a sale over a reasonable period. Forced Liquidation Value (FLV) assumes a fast, compelled auction. We determine and defend the premise that fits the situation.

Watch: one machine, three values →

Which industries do you specialize in?

We appraise all business assets: manufacturing, fabrication, construction, food processing, transportation and rolling stock, shop and warehouse equipment. Healthcare, medical and dental equipment and automotive are areas of deeper specialization. Every assignment is valued by an appraiser who knows the equipment.

Are your appraisals accepted by banks, the IRS and the courts?

Yes. Reports are prepared in compliance with USPAP by a NEBB-certified Machinery & Equipment Appraiser (CMEA) and built to hold up to lender, SBA, IRS, audit and legal review.

Watch the one-minute answers →

Ready when you are

Get a defensible value.

Start your request online. Upload photos for a desktop appraisal, or tell us how many sites your assets sit on and we will scope an on-site visit.