Fair Market Value (FMV)

Fair Market Value (FMV) is the most widely used standard of value in industrial equipment appraisals. It assumes:

• Both parties are willing — neither is forced to transact.
• Both parties are informed — they have reasonable knowledge of the relevant facts.
• The transaction is arm's-length — the buyer and seller have no special relationship that would distort the price.
• Reasonable marketing time — the asset has been exposed to the market for a reasonable period.

FMV is the benchmark required by most banks for collateral purposes, by the IRS for donation and estate valuations, and by courts for damage calculations.

FMV vs OLV vs FLV

FMV > OLV > FLV in virtually all cases:

How the EasiMachines price estimate works

The EasiMachines price estimate shows the range of prices for comparable machines (same make and model family, similar age), keeping completed sales, auction results and asking prices separate. When there is not enough comparable evidence, it shows no price rather than a guess. It is not a certified appraisal of fair market value.