Appraisal Statistics

 

68% – percent of all capital equipment acquired in the US in 2019 was acquired through the use of financing, such as equipment leasing – https://www.leasefoundation.org/wp-content/uploads/2017/06/2016MKST.pdf

10% – of all property and casualty insurance losses each year are due to fraud – https://www.insurancefraud.org/statistics.htm

$123 billion – projected market size of construction equipment in 2026 – https://www.statista.com/topics/992/construction-equipment/

-10% to -20% – Kiplinger forecast for decline in business equipment spending in 2020 – https://www.kiplinger.com/economic-forecasts/business-spending

-10% – ELFA new business volume for the equipment financing industry – https://www.elfaonline.org/news/industry-news/read/2020/07/24/equipment-leasing-and-finance-association-s-survey-of-economic-activity-monthly-leasing-and-finance-index