Technical Brief Valuation
a) Technical valuation is a process of determining accurate value of motor vehicles/machineries/earth movers//motor cycles for the purposes of buying, selling and disposals of obsolete equipment.
b) This report is also used in case of surety bonds in a court of law and whenever the registration book and the vehicle is used as a collateral to acquire loan facilities.
c) The report is technical and covers briefly all the aspects of the vehicle for that intended purpose.