Studio and Equipment Appraisals

There are several important and necessary reasons for having your equipment appraised. If you’re thinking of insuring, refinancing, selling your gear, itemizing tax deductions, or even closing a room, a professional appraisal lets you determine the real-world value of your equipment. PAD does appraisals for all types of entities, including individuals, corporations, banks, insurance companies, and leasing companies.

If you’re thinking of insuring, refinancing, selling your gear, itemizing tax deductions, or even closing a room, a professional appraisal lets you determine the real-world value of your equipment. PAD does appraisals for all types of entities, including individuals, corporations, banks, insurance companies, and leasing companies.

Practical benefits of a professional appraisal:

• Insurance policy or claims
• Bank loans and refinancing
• Equipment sales
• Tax deduction
• Change of ownership
• Establishing partnerships
• Studio liquidation

Remote or on-site appraisals

Pro Audio Design offers you the ability have a remote desktop-based appraisal or a full on-site appraisal. Our on-site service includes testing and verification of condition, as well as the creation of a diary with photo images and technical information for each serial number.

Insurance policy or claims

Not just for buying a policy, having an appraisal on file with your insurance company with the value of each unit and corresponding serial number enables you to manage claims in case of fire, theft, or other reasons for replacement. Pro Audio Design has worked on behalf of both individuals and insurance companies.

Bank loan or refinancing

As an independent third-party, a PAD appraisal enables you to accurately and credibly state the value of your assets. We’ve provided this service for banks, leasing companies, and private estates. For banks, it’s important to know the difference between current value and auction value. PAD will assess value based on our sales of similar items, as well as market research of competing retailers, eBay, and other sales outlets. We then compile an asset report for the client, which is invaluable for estate sales or itemizing tax deductions.

Equipment sales

It’s important to know what an individual would pay for a unit as opposed to selling to a dealership. Additionally, you need to know what the net value would be if you sell it yourself or have a dealer such as Pro Audio Design sell it for you. Pro Audio Design appraises your equipment based on its current value in the used market as well as wholesale or fire-sale perspective. Learn about PAD’s options for selling your gear.