BOOK VALUE

/ BOOK VALUE #1  

lawn_king

Veteran Member
Joined
Jun 17, 2006
Messages
1,623
Location
Hanover massachusetts
Tractor
kubota L 3540 hsdc,B 2320 hsdc & lots of other stuff!
I need an approximate book value for a legal matter. 2008 grand l 3540 hsdc 724 fel qa bucket, 400 hours excellent garaged condition. thankx
 
/ BOOK VALUE #2  
lawn_king said:
I need an approximate book value for a legal matter. 2008 grand l 3540 hsdc 724 fel qa bucket, 400 hours excellent garaged condition. thankx

Book value refers to the purchase price less depreciation of an asset used in a business. Only someone with access to the business' books could answer fhat. But, I'm guessing you mean market value. A dealer could probably look up the approximate retail and wholesale values for you from their little book they use to quote trade-in offers. I've seen them pull it out when I've talked trade-in with them. Another option would be to check sites like tractorhouse for aaking prices on similar machines, but that won't tell you what they actually sold for.
 
/ BOOK VALUE #3  
You dealer may give that info to you. My dealer would if I asked. They have books that give retail and trade-in values. I don't always agree with them. My banker also subscribes to a service that give the values of tractor for sale in a region by dealers. I asked him last week for the value of a 2005 Kubota 4630 HST with FEL. His book said $17,500. Most of these books do not give specifics for hours, overall condition, accessories ect.
 

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