Machinery & Equipment Appraisals · Nationwide
The defensible number. Done right.
Lukes & Lukes delivers independent, USPAP-compliant machinery and equipment appraisals across three disciplines, healthcare and medical, automotive, and general industry. Reports built to hold up in front of a lender, an auditor, the IRS or a court.
Three disciplines, one standard
Specialists where it counts. Generalists where it helps.
We lead with three hard specialties and place every narrower category beneath one of them. Deep expertise where the assets are complex, full coverage everywhere else.
Why Lukes & Lukes
Boutique judgment at the standard a balance sheet deserves.
The market splits between high-volume mills that treat every asset as a database row and boutiques that quote in weeks. We are the disciplined middle. A certified appraiser inspects and reasons through every assignment, and a senior reviewer signs off before it leaves. You get a number you can defend, not a printout you have to.
- Cost, market and income approaches applied by a certified appraiser
- Independent senior review on every report
- Itemized appendix, narrative and photographs in every file
- Built for lenders, the IRS, auditors and the courts
An asset is worth a number. That number is either defensible, or it isn't. There is no almost.
Lukes & Lukes · the family standard
Why you need an appraisal
One report. Every value, for every situation.
Whatever the trigger, we determine the right premise of value, FMV, OLV, FLV or replacement cost, and stand behind it.
How it works
A tight, modern process. On the floor when it counts.
Tell us the assets
Start a request with your asset list and photos. We scope desktop versus on-site quickly.
We inspect & analyze
Cost, market and income approaches applied by a certified appraiser, not a database.
Senior review
Every report is reviewed before it leaves. Assumptions, data and methodology confirmed.
Defensible report
A narrative, an itemized appendix and photographs, built to hold up to scrutiny.
Experience across the institutions that own the assets and finance the deals
Our principals have consulted and performed analysis for organizations across healthcare, automotive and finance.
The partners
Two appraisers. One signature standard.
Lukes & Lukes is led by Jared Lukes, CEO and lead appraiser, and Jesse Lukes, report writer and audit specialist. Jesse came up inside the bank, originating loans and reviewing collateral at BMO, so he reads a report the way a lender does. Together they bring a clockmaker's standard to every assignment.
Common questions
Answers, up front.
What is a machinery & equipment (M&E) appraisal?
An M&E appraisal is an independent, USPAP-compliant opinion of the value of machinery, equipment and rolling stock, used for lending, sale, audit, litigation, tax and insurance. Lukes & Lukes issues reports granular enough to defend and clear enough to act on.
What's the difference between FMV, OLV and FLV?
Fair Market Value (FMV) assumes a willing buyer and seller under no pressure. Orderly Liquidation Value (OLV) assumes a sale over a reasonable period. Forced Liquidation Value (FLV) assumes a fast, compelled auction. We determine and defend the premise that fits the situation.
Which industries do you specialize in?
Three: healthcare, medical and dental equipment; automotive; and general machinery and equipment. Narrower categories such as imaging, fabrication or food processing sit beneath one of those three specialties.
Are your appraisals accepted by banks, the IRS and the courts?
Yes. Reports are prepared in compliance with USPAP by a NEBB-certified Machinery & Equipment Appraiser (CMEA) and built to hold up to lender, SBA, IRS, audit and legal review.
Ready when you are
Get a defensible number.
Start your request online. Upload photos for a desktop appraisal, or tell us how many sites your assets sit on and we will scope an on-site visit.