Get Precise Asset Valuations With Value Insight Portal (VIP)

Whether you’re an auctioneer, a dealer, or a consignor, year-end auctions offer excellent opportunities to move equipment, trucks, and trailers. Before you sell, it’s helpful to know what various assets might bring. That’s where Value Insight Portal comes in.

What Is VIP?

VIP is a publicly available, mobile-friendly tool offering the industry’s most accurate valuations for construction equipment, farm machinery, commercial trucks, and trailers. It’s free to use and available at ValueInsightPortal.com.

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Unsure about when to take an asset to auction? Within VIP, FutureCast helps you make market-backed decisions by showing you predicted values for the next 12 months.

If you’re a Sandhills Cloud user, you have exclusive access to VIP+, which is a little different from the publicly available version. The mobile-friendly VIP+ app offers a premium valuation experience with exclusive seller features including color-coded pricing indicators, a separate Customer Assets tab, and exportable Detailed Pricing Analysis spreadsheets.

You can launch VIP+ using a menu option or the floating VIP+ button on Sandhills’ apps or trade sites such as MachineryTrader.com, TractorHouse.com, and TruckPaper.com. VIP+ valuations are free when providing an asset’s vehicle identification number (VIN) or serial number. Or you can purchase valuations in the VIP+ app for a small fee per item.

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VIP+ also provides MarketTrends data for a specific model, such as the Bobcat CT2035 shown here, providing auction results and other figures in an interactive chart.

Auction Valuations Anywhere, Anytime

VIP+ provides precise, real-time estimates of what assets may bring at auction, whether you’re using it on a laptop in the office or on a mobile device at a customer’s farm while evaluating assets for consignment. The tool stands apart by basing valuations on more than $182 billion in annual transactional data from AuctionTime, Machinery Trader, Truck Paper, TractorHouse, and other industry-specific sources. VIP+ also accounts for factors such as model options, location, and attachments.

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Comparing Values.jpg: VIP+ makes it easy to quickly reference each asset’s current auction value, wholesale value, market value, and asking value.

Value Forecasts 12 Month Out

The FutureCast feature in VIP+ lets you instantly view an asset’s predicted values for the next 12 months, factoring in depreciation, industry production numbers, accumulating hours and miles, and other variables. FutureCast evaluates equipment transactions against economic trends and current market conditions, including seasonal cycles and regional factors. These data-driven estimates can help decide whether to sell an asset at a year-end auction or hold it for a later sale based on where auction values are projected to go.

Make VIP Your MVP

Whether you need a valuation for a year-end auction or a trade-in in July, make VIP+ your go-to source. Ask your Sandhills representative for more details.

A version of this article first appeared in Sandhills Magazine. You can find current and back issues in the Sandhills Magazine Archive.