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General => General Discussion and ??? => Topic started by: whitewater on April 08, 2015, 08:20:51 AM

Title: " blue book " value?
Post by: whitewater on April 08, 2015, 08:20:51 AM
How would you go about finding a blue book value on a particular pc of equipment?



Title: Re: " blue book " value?
Post by: jvanick on April 08, 2015, 08:50:38 AM
you talking for 'depreciation' value, or are you talking re-sell/used-market value?

depreciation value == original price of asset -  (( original price of asset / useful life of asset in years ) * age of asset)

used market value would be look at digit smith for other people selling or call the manufacturer
Title: Re: " blue book " value?
Post by: whitewater on April 08, 2015, 09:31:38 AM
I think depreciation value..

we are applying for a grant and they will not give us $$ for more than what the equipment is worth.

Title: Re: " blue book " value?
Post by: jvanick on April 08, 2015, 10:01:58 AM
looks like the IRS says depreciation on equipment is max 10 years... obviously the resell value after 10 years is a lot higher than 0, but that's the most you can show as depreciation.

I'd think that your gear vendor or maybe even a broker, could give you an equipment appraisal that would count for your application.
Title: Re: " blue book " value?
Post by: whitewater on April 08, 2015, 04:48:55 PM
I just got a phone call back. There was just no phone number and had to email..i cant stand doing that..i just want to talk on the ophone! LOL