What is Equipment Values?
Equipment Values is a used equipment price reference built on closed sales, run by the appraisal team at Heavy Equipment Appraisal, Longmont, Colorado. The site shows what used heavy equipment, farm machinery and trucks actually sold for, by make, model and year, and the team writes the certified appraisal report when a lender, a court, the IRS or a buyer needs a value that holds up. The sold prices on this site are free to read. When a value has to hold up, the certified appraisal report is what the team sells.
Where do the figures come from?
Every figure on a type or model page is a sale that closed at Ritchie Bros., Purple Wave or a Sandhills auctioneer, read from the house's public results with the date, the place and the lot on the row. The site holds 117,609 sales from the 24 months through November 3, 2026. New sales are added nightly, and every count and date on the site moves with them. The method page states the price basis, the window, what is left out and what the numbers cannot show.
Who runs Equipment Values?
Rhett Crites, CMEA, leads the research, the inspections and the reports with his team, and stands behind every number. The Certified Machinery and Equipment Appraiser designation comes from NEBB Institute, which trains the appraiser, examines him, has two certified appraisers review his work, and keeps his listing public. He is a member of the Certified Appraisers Guild of America (CAGA), the leading designation for appraisers of personal property, which covers every asset that is not real estate: machinery, equipment, vehicles and the rest. Every report is prepared to USPAP, the Uniform Standards of Professional Appraisal Practice. Both listings are public: the CMEA listing at NEBB Institute and the CAGA member listing. The qualifications page sets out each credential and what it guarantees the reader.
What has the team appraised, and for whom?
The files run from one machine to fleets of more than a hundred units. A partner buyout at Halo Services, Inc. in Bloomfield, New Mexico took an on-site appraisal of about 150 trucks, trailers, loaders, tractors and lifts. An SBA loan for E-Z Excavating in Frederick, Colorado took a rush on-site appraisal of a 100-plus-unit excavation fleet after the lender's reviewer had rejected a prior desktop report, and the loan closed before month-end. White County, Tennessee's Solid Waste Committee used desktop appraisals of landfill compactors and a dozer to buy a Bomag compactor inside the state's five percent price tolerance. A religious nonprofit's donor used a desktop appraisal of a 2007 Case 580M II loader-backhoe for IRS Form 8283. Frontier Bank's 2014 file on Carder, Inc. near Lamar, Colorado took an on-site appraisal of about a hundred units, among them a 330 Ammco dredge barge with a Cat 398 main engine, inspected by boat. In late 2016 defense counsel at Zelle LLP retained Rhett Crites as an expert witness in federal litigation over a roof collapse, and opposing counsel did not challenge his qualifications.
The readers are lenders and SBA reviewers, attorneys in divorce, estate, bankruptcy and litigation files, CPAs on donation, tax and business-sale files, insurers, and the owners and buyers of the equipment. Construction, farming, oil and gas, trucking and material handling are the industries.
What rules does the work run on?
The fee is fixed before work starts and never depends on the value, because USPAP bars any fee that does, and no engagement is taken on the condition of reaching a number. If a client says what the value has to be before the work begins, the engagement ends there. A file that requires an inspection does not get a desktop report. Heavy Equipment Appraisal does not buy, sell, broker or auction equipment, so the team has no stake in the number. Heavy equipment only: no real estate, no aircraft, no livestock, no fine art.
Why are the sold prices free?
A value nobody can check is not worth much. Most people who look up a machine here are deciding whether to buy it, sell it, borrow against it or insure it, and the first thing they need is the real number, not a quote form. When that number has to hold up in front of a lender, a court or the IRS, the certified appraisal is the next step, and it starts from the same sales shown on the page.
Where to next
The sold prices by type start at the type index. A certified appraisal of your own machine starts at $295 on the order page. The contact page carries the form, the mailing address and the phone.