LPK 2518 TIPPERaichappraisers.com/valuationreports/JAN2017/OR/... · 2017. 2. 7. · VALUATION...
Transcript of LPK 2518 TIPPERaichappraisers.com/valuationreports/JAN2017/OR/... · 2017. 2. 7. · VALUATION...
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AAAV/TMFL/OR/VV-1582/16-17
Ref: AAAV/TMFL/OR/VV-1582/16-17 Date: 06.02.2017 VALUATION REPORT – TATA LPK 2518 TIPPER Purpose Value of Repossessed
Asset HMR/KMR NA (Key was missing)
Bank / Valuation for Tata Motors Finance Ltd.
Chassis No. MAT448060F3N24675
Contract No. 5001921235 Engine No B591803251L63479794 Request from TMFL RC NO OD15E4535 Asset Make TATA Inspector Nirmal Sahoo Asset Model LPK 2518 TIPPER Location S.K. Transport, Angul, Orrisa Year of mfg 2015 RC Status Not available Repossession Date 08.01.2017 Inspection Date 04.02.2017 RC & Fitness Valid 10.12.2017 Tax Status 18267/-
Assessed Fair Market Realization Value Rs. 6.70 Lacs (Rupees Six Lac Seventy Thousand only).
* - Parking charges extra as applicable.
COST TO BIDDER BUYER
/BIDDERSMARGIN
WARRANTY
COST
TRANSPORATION
COST
RTO
EXPENSES
INSURANCE
COST
TAXES +
PENALTY
REFURB
COST
PARKING
CHARGES
TOTAL
COST
30000 15000 2500 20000 0 18267 37000 2800 122767
Asset Description
Assessors Parameter Condition Engine Silencer Average
Abnormal Engine Noise Average
Plugs Not applicable
Oil Could not be checked
Radiator/Condenser Average
Oil Leakage Found. Rs. 1000/-
Fan Belts Average
Filters Average
Suspension Suspension Noise While Driving Front & Rear
Average
Steering
Steering Lock Available Wheel Alignment/ Balancing/ Wobbling
Average
Steering Operation Average but could not be operated
Brakes Pedal Operation Average but could not be operated
Brakes and Hand Brake Average but could not be operated
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AAAV/TMFL/OR/VV-1582/16-17
Transmission Gear Engagement Average but could not be operated Differential And Crown Rear Wheel Drive
Appears to be average. Rs. 1000/-
Electrical
Instrument Cluster - Warning Lights/Gauges
Average
Alternator Average
Fuel Pump Average
Battery Condition Average
Starter Motor Average
AC Function Cooling Not applicable
Heating Not applicable
Exterior
Frame/Underbody Average.
Wind screen Cracked. Rs. 15000/-
Wiper Blades Average
Indicators Average
Headlights Average
Internal & Rear View Mirrors Average
Tail Lights Average
Interiors
Power Windows Front Not applicable
Central Locking Not applicable
Toolkit Not available
Power Windows Back Not applicable
Condition of Seats Average
Horn Average
Roof Wear & Tear Average
Headlamp/Indicator Switches Average
Tyre Condition
Wheel-Right Front Average
Wheel-Right Rear Average
Wheel-Left Front Average
Wheel-Left Rear Average
Wheel Stephaney Missing. Rs. 17000/- approx service Rs. 3000/-
Accessories
Seat Covers Available
Fog Lamps Not available
Music System Not available
Floor Mats Not available
Speakers Not available
Tipping Systems Could not be checked
Odometer NA (Key was missing)
Rating 7
Overall Condition of the Vehicle
Average for Transportation & Plying. Spare tyre is missing. Unit is not operative since key was missing.
Battery was available. Overall condition of the vehicle is in average.
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AAAV/TMFL/OR/VV-1582/16-17
The above mentioned unit is checked by us at, S.K. Transport, Angul, Orrisa on 04.02.2017 without opening and dismantling any inner side or component (without disturbing its present condition). In inspection the vehicle is in average condition. The wheels are found in average condition. For the above said (used and Semi worn / torn) Vehicle, the Monetary value comes in Rupees Six Lac Seventy Thousand considering the age, depreciation factors, indexes of P/M valuation, wear and tear, technical obsolescence, commercial obsolescence etc. and with the comparison of used car market. No discrepancy is found on the chassis and engine mismatch.
Assessed Fair Market Realization Value Rs. 6.70 Lacs (Rupees Six Lac Seventy Thousand only).
INDRANIL AICH CHARTERED ENGINEER /APPROVED VALUER FIV 318328 THE INSTITUTION OF ENGINEERS (INDIA), BE PRODUCTION MRICS MEMBERSHIP NUMBER MRICS1267050 MIE- MEMBERSHIP NUMBER M132302-9 PANEL ARBITRATOR ICA UNDER FICCI Signatures__________________
Note:
- As per IVSC (International Valuation Standards Committee) 2011- the standards w.e.f 01.01.2012, IVS 220 Plant and Equipment is applicable to this asset.
- The Valuation concludes on same day after Physical Inspection and without Prejudice. - The report is confidential to Tata Motors Finance Ltd. - The legal matter is solicited by Financier’s Solicitor. - Financier / Banker is suggested to check the ownership and free-hold interest of the
equipment priority basis before approving any Loan / Advance, sale of Repossessed Asset or any other activity entailing exchange of revenue.
- The Valuer is asked for “Normal Physical Market Value” – only of the specified equipment, on the basis of his / their Professional Qualification & Experience.
- Cost to the bidder is an estimation only and is delinked to IVSC standard’s and given on request of the finance.
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AAAV/TMFL/OR/VV-1582/16-17