Depreciating dryer

[Overby]

Opinions of value of dryer after several years please. There's the 'book' value and then the 'worth at point of use' value.

To make things simple, a continuous flow dryer installed 25 years ago, worth then £100k. What is it worth now? Just the dryer, not the shed it's in.

Depreciation value?

2nd hand Value?

Value 'as is' in situ?

Obvs a new replacement would be 25 years more modern and have added vale there so not just like for like.

Any opinions valued and appreciated.

 

[Steevo]

@grainboy

 

[e3120]

Capacity?

 

[Overby]

15t/hr

 

[Overby]

a smaller version of one of these https://www.ebay.co.uk/itm/223759001149

 

[grainboy]

Other than capacity, why replace? Or worry about value,
15 to 20 ton drier after 25yrs, should be worth £10k but you try achieving that, for the fact that who is going to install something that you deem out of date,
Just this week have sold a 20 ton Svegma, for less than £5 k dismantled, a bargain for someone,
Also drier is the easy bit, it’s all the other installation costs, elevators, conveyors etc,
To the point that I sold a very nice Svegma 6yrs ago, to a neighbour, it still sits outside never installed, because installation costs were in the region of £60k

 

[grainboy]

a smaller version of one of these https://www.ebay.co.uk/itm/223759001149

That’s been advertised for ages, who is going to pay that for a drier no longer in production!!

 

[Overby]

That’s been advertised for ages, who is going to pay that for a drier no longer in production!!

Can you still get parts for them?

 

[Overby]

Other than capacity, why replace? Or worry about value,
15 to 20 ton drier after 25yrs, should be worth £10k but you try achieving that, for the fact that who is going to install something that you deem out of date,
Just this week have sold a 20 ton Svegma, for less than £5 k dismantled, a bargain for someone,
Also drier is the easy bit, it’s all the other installation costs, elevators, conveyors etc,
To the point that I sold a very nice Svegma 6yrs ago, to a neighbour, it still sits outside never installed, because installation costs were in the region of £60k
Family reasons, business splitting, apportioning assets etc. Very tricky.

 

[Tim G]

I was told that working out the depreciation on a static drier was easy:
Day one - value = purchase price.
Day two - value = zero.